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Roku Q3 First to Exceed $1B Revenue, Stops Reporting Number of Streaming Households

Adweek · Brad Pareso · last updated

Roku Q3 First to Exceed $1B Revenue, Stops Reporting Number of Streaming Households

Roku beat Wall Street estimates for third-quarter revenue Wednesday, driven by higher advertising sales on its platform. (Reuters)

For the third quarter, Roku reported streaming households of 85.5 million, a net increase of 2 million from the second quarter and up 13% year over year. (Variety)

In its quarterly letter to shareholders, the company signaled a change in its reporting protocol, with the number of active households no longer being reported on a regular basis. (Deadline)

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State of Play

While electric-powered vehicles may be the ride of the future, oil remains at least for now the dominant fuel for transportation around the world. And after a period of time at the end of the 20th century when oil was subject to wide fluctuations in price, new supplies in North America as a result of non-conventional recovery techniques have helped stabilize prices.

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