Roku Pays to Be a Player

  • 📰 WSJ
  • ⏱ Reading Time:
  • 24 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 13%
  • Publisher: 63%

United States Headlines News

United States Latest News,United States Headlines

Roku’s ad business delivers, but the company needs to get enough devices in front of the eyeballs that advertisers are paying to reach. WSJheard explains. WSJWhatsNow

Investors got a painful reminder Wednesday that Roku is still in the hardware business.

But there is no room for error. Roku’s second-quarter results reported Wednesday afternoon were strong in many important respects. Platform revenue reflecting the company’s advertising business more than doubled year over year to $532 million—handily beating Wall Street’s projections. But player revenue fell short, rising only 1% year over year to about $113 million. Moreover, player gross margins went negative for only the second time in the company’s history.

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.

heard Totally the best streaming device.

heard Because China is ruling the US, and the goal is ruling completely. So China slaughtered the American people at will, all Chinese all over the world have killed all western people, all western people’s genitals and bodies have been broken by Chinese brain-control!

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 98. in US

United States Latest News, United States Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Roku Tops Q2 Earnings Expectations, but Total Streaming Hours Decline by 1 Billion from Prior QuarterRoku easily beat Wall Street forecasts for second-quarter 2021 earnings — posting 81% revenue growth — but the net number of new active user accounts fell shy of analyst expectations, w…
Source: Variety - 🏆 108. / 63 Read more »

Stocks making biggest moves after hours: Etsy, Electronic Arts, Roku & moreSee which stocks are posting big moves after the bell.
Source: CNBC - 🏆 12. / 72 Read more »

Roku tops earnings expectations but account growth comes up shortRoku Inc. delivered better-than-expected earnings and revenue Wednesday but its shares slipped in the extended session after active-account growth came up... Hilarious
Source: MarketWatch - 🏆 3. / 97 Read more »

Robinhood, Etsy, Ford, Roku: What to Watch When the Stock Market Opens TodayRobinhood became a meme stock of its own during Wednesday’s session, but looks set to give up some of those gains when the market opens Thursday. StopLine3 Enbridge Genocidal, Corrupt asshats!!!!!!! Crash?!?
Source: WSJ - 🏆 98. / 63 Read more »

Tennessee won't incentivize Covid shots — but pays to vax cowsTennessee has sent nearly half a million dollars to farmers who have vaccinated their cattle against respiratory diseases and other maladies. But Republican Gov. Bill Lee has been far less enthusiastic about incentivizing Covid-19 vaccinations. Value of human life is important as it applies to abortion but vaccination to minimize sickness and death not so much….. Wow! Half a Million?! (nearly) hard-hitting journalism right here. Would Politico eat beef that's been vaccinated with experimental vaccines? Asking because it would be illegal to sell them for human consumption.
Source: politico - 🏆 381. / 59 Read more »

Taylor Swift Pays Tribute to Simone Biles After Her Bronze Medal Win at Tokyo Olympics“Her honesty as beautiful as the perfection that had long been her signature… it still is,” singer says of “hero” gymnast What a gorgeous smile! Congrats Simone and America! How about a tribute to the ones who won gold? She slayed it
Source: RollingStone - 🏆 483. / 51 Read more »