Roku Delivers Another Stellar Quarter: Q3 Sales Soar 24% as Media and Entertainment Ad Spending Sees Biggest Growth in Four Years

By Todd Spangler

Todd Spangler

NY Digital Editor

Latest

• Roku Delivers Another Stellar Quarter: Q3 Sales Soar 24% as Media and Entertainment Ad Spending Sees Biggest Growth in Four Years 17 minutes ago
• Bill Murray Asks Trump’s Top Economic Adviser to Say ‘My Dog Just Died’ to Wipe Smile Off His Face in Bizarre Exchange on CNBC 5 hours ago
• Gavin Newsom Proposes Expanding California’s Movie and TV Tax Credit to at Least $1 Billion 5 hours ago

• Comments

Roku‘s financial engines are cranking in overdrive ahead of the streaming platform company’s takeover by Fox Corp. next year.

For the third quarter, Roku handily topped Wall Street earnings expectations, with top-line growth of 24% to $1.50 billion in revenue. Total gross profit was $649 million, up 24%, and Roku generated net income of $183 million — up more than seven-fold from the year-prior quarter.

Related Stories

Susan Saint James, Emmy-Winning Star of 'Kate & Allie' and 'McMillan & Wife,' Dies at 80