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Roku Posts Strong Q1 Results Powered By Advertising And Subscriptions Gains

Roku Posts Strong Q1 Results Powered By Advertising And Subscriptions Gains
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Roku posted strong first-quarter results paced by a 27% rise in advertising revenue. Starting in the quarter, the streaming provider began breaking out ad revenue as a category within overall platform revenue. Ad revenue totaled $612.7 million. Revenue hit $1.25 billion, up 22% and a bit better than Wall Street analysts’ consensus estimate. Earnings per […]

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