There's no denying that connected-TV company Roku (NASDAQ: ROKU) served up some pleasant surprises in its recent third-quarter report. Chief among them is revenue.

The top line of $912 million is 20% better than the year-ago comparison, and markedly better than expectations of $855.2 million. Revenue guidance of $955 million for the quarter now underway is also above analysts' consensus forecast of $952 million.

Shares surged following the news, further driven by CEO Anthony Wood's positive take: "We had a solid rebound in video ads in Q3 and we expect the YoY [year over year] growth rate of video ads in Q4 to be similar."

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Source Fool.com