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ROKU Roku Inc

56.34
-6.47 (-10.30%)
27 Apr 2024 - Closed
Delayed by 15 minutes
Share Name Share Symbol Market Type
Roku Inc NASDAQ:ROKU NASDAQ Common Stock
  Price Change % Change Share Price Bid Price Offer Price High Price Low Price Open Price Shares Traded Last Trade
  -6.47 -10.30% 56.34 56.26 56.34 60.74 56.1001 60.70 18,083,807 01:00:00

Capital Market Laboratories (CMLviz) One-on-One CFO Interview: Stresses on the system accelerate a movement towards streaming...

09/06/2020 8:13pm

GlobeNewswire Inc.


Roku (NASDAQ:ROKU)
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In an interview with Capital Market Laboratories (CMLviz), Chief Financial Officer of Roku (NASDAQ:ROKU) Steve Louden had a clear message:

  1. The company anticipates that its ad business will deliver substantial revenue growth on a year-over-year basis, albeit at a slower pace and lower gross profit than originally expected for the year due to COVID-19. 
  2. The Roku team is convinced that they are in a period in time in which advertising budgets are going to see an accelerated shift to streaming from linear TV. 
  3. The company saw a surge in active accounts and of streaming hours.

In a far-ranging interview with the CFO we discussed the future of the business and streaming video.

Read: Roku's CFO: Stresses on the system accelerate a movement towards streaming

Media queries

Alicia Newman, Director Client Services

Capital Market Laboratories

support@cmlviz.com

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