Roku: More Streaming, More Advertising, More Profitability - the Profit Lever has Been Activated
Reading Time: 3 minutes
The streaming provider is becoming increasingly popular. In the last quarter, the streaming hours utilized by customers rose by another 14.5% compared to the previous year. This shows that Roku's offerings hit the mark. Online services have long replaced traditional television. Moreover, this year, profitability is expected to be achieved, with revenues projected to increase by 13% per year until 2027, suggesting that the stock, based on its current three-year high, may offer further attractive potential for investors. In the third quarter,...
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