Roku Impresses With Strong Platform Business – Revenue Forecast Exceeds Expectations
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Roku published its fourth quarter numbers on Thursday (February 13) and called the results from its platform business "outstanding." According to the company, it was the first quarter with platform revenue exceeding $1 billion - a growth of 25% year-over-year. The market presence was further expanded in the US. Roku notes that the provider now reaches more than half of broadband households. Streaming hours on the Roku Channel increased by 82% year-over-year, with the offering able to reach households with approximately 145 million people. In the...
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