Roku reports strong user growth, but sour ad business outlook

  • 📰 CNBC
  • ⏱ Reading Time:
  • 17 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 10%
  • Publisher: 72%

Portugal Notícia Notícia

Portugal Últimas Notícias,Portugal Manchetes

Roku reports earnings as the advertising industry has taken a hit from the pandemic

after the bell on Thursday that met estimates for its loss per share and beat on revenue. The report provided a glimpse into the impact of the coronavirus pandemic on its business as advertisers have pulled back spending amidst economic uncertainty.

As more people have been staying inside during the pandemic, Roku said it gained 2.9 million incremental active accounts in the quarter, reaching 39.8 million total, a 37% increase year-over-year. It also saw streaming hours surge by 1.6 billion, bringing it to a record 13.2 billion hours, a 49% increase year-over-year.

 

Obrigado pelo seu comentário. Seu comentário será publicado após ser revisado.

That looks like William Shatner if he ate Peter Lorre

Resumimos esta notícia para que você possa lê-la rapidamente. Se você se interessou pela notícia, pode ler o texto completo aqui. Consulte Mais informação:

 /  🏆 12. in PT

Portugal Últimas Notícias, Portugal Manchetes

Similar News:Você também pode ler notícias semelhantes a esta que coletamos de outras fontes de notícias.

How IBM is automating IT to help companies maintain business continuity during crises - Business InsiderIBM is rolling out a new suite of AI for IT tools and services that can help CIOs in all industries reduce costs and handle more complex networks.
Fonte: BusinessInsider - 🏆 729. / 51 Consulte Mais informação »

Grim business outlook clouds Trump’s hopes for ‘tremendous rebound’Corporate leaders are rushing to reshape their businesses to ensure they survive. Their caution could again devastate the president’s favorite gauge of economic success: the stock market. The economy is on sick leave. In an Extreme Republican society and capitalism crashes, the rich get poorer but the poor die. Get well soon great neighbours. Positive vibes from Canada 🇨🇦 Politico HOPING & PRAYING for US economy to be DEVASTATED!!
Fonte: politico - 🏆 381. / 59 Consulte Mais informação »