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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

Is There Still Time For 2016 To Be The Year Of The Smart Home? Maybe

Report: Connected Home Consumers Want Data Security Support

Smart home market still small in Europe, but with many players pushing it forward adoption will rise

Could a Button for Improved AI on Galaxy S8 Help Samsung Move Past Its Recent Stumble?

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