Roku Lost a (Profits) Battle, but Is Winning the (Living Room) War
On Thursday, Roku (NASDAQ: ROKU) reported a much smaller-than-expected loss for the second quarter, and across the board, it's clear that this streaming platform and hardware company is continuing to make major headway in the battle for the living room. Its average revenue per user rose significantly, as did its active user base, and revenue of $250 million for the quarter beat expectations.
In this segment from MarketFoolery, host Mac Greer and senior analyst Jim Mueller talk about what's going on with the largest provider of devices for streaming, its competitive moat, the stock's rich and rising valuation, and more.
To catch full episodes of all The Motley Fool's free podcasts, check out our podcast center. A full transcript follows the video.
Source Fool.com
