Roku Follows Netflix and Plans to Stop Reporting Streaming Household Numbers
Roku beat Wall Street expectations for its third quarter and said it will stop giving quarterly updates on the number of streaming households, and average revenue per user, starting in the first quarter of 2025.
“Since our IPO in 2017, the streaming industry has evolved meaningfully, with Americans now spending significantly more TV time streaming than watching cable. Our business has also grown and evolved, and we are now primarily focused on growing Platform revenue and profitability,” the com...
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