LOS ANGELES, Aug. 18, 2020 (GLOBE NEWSWIRE) -- In an interview with Capital Market Laboratories (CMLviz), Chief Financial Officer of Roku (NASDAQ:ROKU) Steve Louden had a clear message:
- Roku has the largest, most engaged streaming audience in the United States.
- There is empirical data that the content partners that lean into the platform do very well.
- The company experienced exceptional account growth in Q2, the highest it has ever delivered outside of a Q4 holiday period.
- While the U.S advertising business was down for the industry, Roku experienced ‘gang busters’ monetization around SVOD and TVOD and delivered 42% year-over-year revenue growth in total, in the face of industry ad weakness.
In a far-ranging interview with the CFO, we discussed the future of the business and streaming video.
Read: One-on-One with Roku's CFO: 'We know our value to the partners who lean in'
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Alicia Newman, Director Client Services
Capital Market Laboratories