Roku reported strong trends in content distribution and advertising as well as uptake of its Roku-branded TVs.
Strong usership for Roku means more points of access for subscribers to Paramount+, Max, Netflix, Peacock and other streaming services.. The company's active accounts for the third quarter beat analyst estimates, coming in at 75.8 million compared to the 75.33 million Wall Street expected, according to StreetAccount.
Strong usership for Roku means more points of access for subscribers to Paramount+, Max, Netflix, Peacock and other streaming services. The positive results follow something of a change of pace for the streaming industry after a period of uncertain subscriber growth.Paramount reports its quarterly earnings report after the close on Thursday. Warner Bros. Discovery and Disney each report next week.
Finance Finance Latest News, Finance Finance Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Source: DEADLINE - 🏆 109. / 63 Read more »
Wall Street IG Client Sentiment: Our data shows traders are now net-short Wall Street for the first time since Oct 19, 2023 when Wall Street traded near 33,377.90.Traders are further net-short than yesterday and last week, and the combination of current sentiment and recent changes gives us a stronger Wall Street-bullish contrarian trading bias.
Source: DailyFX - 🏆 305. / 63 Read more »
Source: NBCNewYork - 🏆 270. / 63 Read more »