Tag: Subscription Marketplace

Roku's advertising business drove 76% of its Q3 platform gross profit growth, with ad margins expanding to 63.2%, while subscription margins fell and device losses doubled. The results underscore advertising's importance to Roku's profitability as FOX prepares to acquire the…

Roku’s Q2 revenue rose 22% to more than $1.35 billion as platform revenue climbed 25% to $1.22 billion and net income jumped to $164.2 million. Roku’s growing engagement, advertising inventory, subscription distribution, and control of the TV discovery layer strengthen…