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Thursday saw a decrease in major U.S. indices, with the Dow Jones Industrial Average closing the session down by nearly 1% at 38,085.80. Similarly, the S&P 500 dropped by almost 0.5% to 5,048.42, whil
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Roku's losses narrowed sharply in the first quarter, and active accounts grew 14% more than expected
Gronghui, April 26 | Video streaming media Roku announced 2024 Q1 results. Revenue was US$881 million, up 19% year on year, exceeding market expectations of US$850 million; loss per share of US$0.35, which was a sharp decrease from the loss of US$1.38 per share in the same period last year, and also better than the loss of $0.62 per share expected by the market. Over the reporting period, Roku had more than 81.6 million active accounts, up 14% year over year, slightly higher than market expectations of 81.4 million; streaming time was 30.8 billion hours, which also exceeded expectations of 29.98 billion hours. In terms of guidance, Roku expects Q2
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Roku announced financial results for the first quarter.
Roku, Inc. (ROKU) Q1 2024 Earnings Call Transcript
Roku, Inc. (ROKU) Q1 2024 Earnings Call Transcript