Roku Releases Second Quarter 2024 Financial Results

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Roku Releases Second Quarter 2024 Financial Results
admin 2024/08/04 03:02

Roku Q2 Sales Rise 14%, Beating Expectations, as Losses Narrow
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Roku‘s numbers for the second quarter of 2024 topped Wall Street expectations, helped by a 2% drop in operating expenses and a 39% increase in devices revenue.

The streaming platform company reported revenue $968.2 million, up 14%. Net loss was $33.95 million, or 24 cents per share, compared with a net loss of $107.6 million in the year-earlier period. Analysts projected Roku to report Q2 revenue of...

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