Roku can be given a bit of a pass this time around for doing so, particularly considering that many advertisers are now trimming spending. The issue instead is the amount of spending growth and the fact that it didn't produce nearly enough revenue. During the three-month stretch in question, revenue improved a mere 0.2% year over year, while spending on sales and marketing swelled 82%. Read More...
Roku can be given a bit of a pass this time around for doing so, particularly considering that many advertisers are now trimming spending. The issue instead is the amount of spending growth and the fact that it didn’t produce nearly enough revenue. During the three-month stretch in question, revenue improved a mere 0.2% year over year, while spending on sales and marketing swelled 82%.
