• Roku Shares Skyrocket Due to Impressive Streaming Numbers

    5 monthes ago - By Fortune

    Roku shares soared on Monday after the company known for its streaming video devices reported impressive growth in the number of its active users and streaming hours.
    The company's shares were up 25% at the market's close on Monday to $42.18, highlighting Wall Street's enthusiasm with Roku reporting a 40% year-over-year jump in active accounts to 27 million for the company's 2018 fiscal fourth quarter. Roku shared preliminary results from its latest quarter during the week of the annual Consumer Electronics Show in Las Vegas. A company spokesperson said that Roku released this data early...
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  • Roku tops 27M accounts & 24B hours streamed by end of 2018, announces more TV partners

    5 monthes ago - By Tech Crunch

    Ahead of its announcements of new TV partnerships at this year's Consumer Electronics Show in Las Vegas, Roku today shared some new numbers about the growing traction of its overall platform. The company said the number of active accounts grew 40 percent year-over-year in 2018, to top 27 million by year-end. In addition, its total streaming hours grew 61 percent year-over-year to 24 billion hours of movies, TV shows, sports and more being streamed across its devices.
    In Q4 2018 alone , Roku users streamed an estimated 7.3 billion hours, up about 68 percent year-over-year.
    Roku's decision...
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