Roku Just Proved Why It's the Future of Streaming
Expectations were already high going into Roku's (NASDAQ: ROKU) fourth-quarter results last week but it still had something unexpected in store for investors. Revenue grew 58% year over year and the company delivered a surprise profit. Perhaps more importantly, its platform revenue grew at the highest rate since mid-2019, accelerating to 81% growth year over year and jumping to new all-time highs.
On this clip from Motley Fool Live, recorded on Feb. 18, "The Wrap" host Jason Hall and Fool.com contributor Danny Vena pick out a couple of the highlights from Roku's blowout earnings report.
Source Fool.com