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Roku Swings to Second-Quarter Loss on Slower Ad Spending

July 27, 2022

San Jose, Calif.-based Roku is the nation’s largest maker of streaming hardware—accounting for about 37% of the U.S. market, according to Parks Associates—but it derives most of its revenue from advertising: It sells all ads viewed on The Roku Channel, its own streaming service, and also sells some ads that appear on other streaming services viewed on Roku devices.

From the article "Roku Swings to Second-Quarter Loss on Slower Ad Spending" by Patience Haggin and Denny Jacob.

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Roku Swings to Second-Quarter Loss on Slower Ad Spending

Previously In The News

Original Content And World Domination: New Report Shows Netflix is Absolutely Killing It

Competitive Reality of 5G Threatens Previous-FCC’s Title II Net Neutrality

Research: over 50% of U.S. broadband households stream content on TV screens

Google's Nest Struggles Could Set Back The IoT Movement

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