Roku’s second-quarter 2023 earnings soundly beat Wall Street expectations, while it still sounded a note of caution about “uncertainty” in the U.S. ad market. The company reported…
’s second-quarter 2023 earnings soundly beat Wall Street expectations, while it still sounded a note of caution about “uncertainty” in the U.S. ad market.
Roku added 1.9 million new active streaming accounts in the period to reach 73.5 million, versus 71.6 million the prior quarter and up 16% year over year. Platform revenue was $744 million, up 11%. Roku’s Platform segment comprises ads sales; revenue from distribution deals for streaming services including FAST channels; media and entertainment promotions; and Roku Pay.
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