Roku reports Q3 revenue up 39% YoY to $173.4M, streaming hours up 63% YoY to 6.2B; over 25% of smart TVs sold in US were Roku TVs; stock down 8%+ after hours (Janko Roettgers/Variety)

Janko Roettgers / Variety:
Roku reports Q3 revenue up 39% YoY to $173.4M, streaming hours up 63% YoY to 6.2B; over 25% of smart TVs sold in US were Roku TVs; stock down 8%+ after hours  —  Roku continues its transition from a hardware company to a company that primarily makes money with advertising at a rapid pace.



from Techmeme http://www.techmeme.com/181107/p29#a181107p29