Roku reports quarterly revenue above estimates-February 2024-www.financetom.com

Roku reports quarterly revenue above estimates

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Roku reports quarterly revenue above estimates

Aug 1, 2024 1:45 PM

Aug 1 (Reuters) - Roku ( ROKU ) beat Wall Street

estimates for second-quarter revenue on Thursday, benefiting

from strong ad sales and the ongoing shift from cable TV to

streaming platforms.

The company posted net revenue of $968.2 million for the

second quarter, compared with analysts' average estimate of

$937.9 million, according to LSEG data.

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