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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

Video Protection Requirements Are Evolving as Streaming Services Reach Mainstream Audiences

New Homes Save Homeowners Money, But Builders Face Rising Defect Claims

Best 4K Streaming Device: What Consumer Reports Really Scores

The Smart Money: FCC Router Ban Leaves 109 Million Homes at Risk

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