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Roku tops quarterly revenue estimates
Apr 25, 2024 1:24 PM

April 25 (Reuters) - Roku ( ROKU ) beat Wall Street

estimates for quarterly revenue on Thursday, as it benefited

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

streaming platforms.

The company posted net revenue of about $882 million in the

first quarter, compared with analysts' average estimate of

$848.6 million, according to LSEG data.

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