Roku points finger at advertising slowdown for missing the mark on quarterly results

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Roku points finger at advertising slowdown for missing the mark on quarterly results

In this current climate, Roku needed a win. Despite the company reporting total net revenue growth of 18% year-over-year to $764 million– a nice increase from $737.7 million last quarter—the company missed Wall Street’s expectations. Analysts expected revenue of $805 million, which would have reflected 25% year-over-year growth. What is to blame for missing the […]

Roku points finger at advertising slowdown for missing the mark on quarterly results

2022-07-29 08:03

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