he connected TV device maker generated revenue of nearly $650 million, beating analyst expectations of $615 million, perRoku’s Q4 EPS of $0.49 also came in ahead of analyst expectations of a loss of 6 cents a share.
A continued trend for one of the market’s most-dominant streaming device manufacturers was the increasing prominence of platform revenues to Roku revenue. Platform revenue, which includes ad sales, accounted for nearly 75% of Roku’s overall revenue in Q4 ‘20, up from 63% from the same period in 2019.
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