Roku Q4 Earnings Preview: 1 Crucial Factor to Watch
Roku (NASDAQ: ROKU) is scheduled to report fiscal 2021 fourth-quarter earnings on Feb. 16. The streaming platform pioneer thrived at the onset of the pandemic. Millions of folks were relegated to entertaining themselves at home and streaming TV is one of the easiest and lowest-cost options.
Unsurprisingly, Roku benefited as a result. The company acquired millions of new customers and saw engagement surge on the platform. Roku experienced the tailwind from the pandemic; but now, it is experiencing the headwinds. Rising costs and supply shortages are hampering growth and profits. With customer interest in Roku TVs and players still high, the one crucial factor for Roku in the near term is the supply chain.
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Source Fool.com
