Roku's Monster Quarter: 79% Revenue Growth Understates the Performance

·3-min read
Roku's Monster Quarter: 79% Revenue Growth Understates the Performance

The latest earnings results for streaming media platform Roku (NASDAQ: ROKU) make it clear the company is still benefitting from advertisers shifting their spending away from linear TV. Roku reported last week that overall revenue in the first quarter grew 79% year over year as more marketers followed the millions of viewers who have been canceling cable and signing up for streaming services. Drilling down into the revenue growth data, we see there's more worth cheering in Roku's report.

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