LOS ANGELES, Nov. 16, 2020 (GLOBE NEWSWIRE) — In an interview with Capital Market Laboratories (CMLviz), Chief Financial Officer of Roku (NASDAQ:ROKU) Steve Louden had a clear message:
-
CFO
Louden describes the quarter just ended as both outstanding and amazing, words that seem apt given a 73% rise in revenue, year over year, a 43% rise in active accounts, and a 54% rise in hours that were streamed on the platform. -
The Roku Channel
w
ill continue
to
gain scale in different international markets
. -
A key operating metric for a
dvertising is Roku Monetized Video Ad Impressions. And that was up almost 90%, year over year, versus last quarter it was up 50%
. -
T
he content business
has
benefitt
ed
not only
from
the acceleration of active accounts, but also strong consumer demand for all types of viewing
;
ad-supported viewing, subscription services, and premium movie rental
s
.
In our conversation with the CFO we discussed the future of the business, The Roku Channel, international expansion, and streaming video in general.
Read: One-on-One with Roku’s CFO: Louden: An ‘amazing’ quarter
Media queries
Alicia Newman, Director Client Services
Capital Market Laboratories
[email protected]