Cable cord-cutting consumers were already reshaping the TV industry landscape, but that trend has accelerated in recent months thanks to the pandemic. With households stuck at home, time spent in front of a screen has skyrocketed, and internet-streamed video has been a beneficiary.
This has helped propel Roku (NASDAQ: ROKU) higher. While still down over 10% from all-time highs set over the summer of 2019, shares have rallied 14% since the start of 2020, and the company's report card for the first half of the year demonstrates it is still very much in growth mode. However, before investors pile in, it pays to understand exactly how the company makes money and how the trends moving it forward will change in the next five years.
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Source Fool.com