Roku Delivers Another Stellar Quarter: Q3 Sales Soar 24% as Media and Entertainment Ad Spending Sees Biggest Growth in Four Years

Roku’s financial engines are cranking in overdrive ahead of the streaming platform company’s takeover by Fox Corp. next year. For the third quarter, Roku handily topped Wall Street earnings expectations, with top-line growth of 24% to $1.50 billion in revenue. Total gross profit was $649 million, up 24%, and Roku generated net income of $183 […]