Home » General World News » The CEO of Roku explains the master plan that led it to blow away Wall Street expectations (ROKU)

The CEO of Roku explains the master plan that led it to blow away Wall Street expectations (ROKU)





Roku CEO Anthony Wood

  • Roku announced second-quarter results on Wednesday that topped Wall Street’s expectations and helped boost its stock as high as 9% in after-hours trading.
  • The company’s advertising business helped drive the results.
  • Roku is benefitting from a long-term strategy to translate the success of its digital media players into creating a platform for advertising, company CEO Anthony Wood said.

Roku’s evolution from being a seller of inexpensive streaming video boxes, to being a significant player in the world of video advertising, took another leap forward Wednesday.

The company announced much better-than-expected second-quarter results, driven largely by its so-called platform business. Among other things, that read more >>>

Source:: BusinessInsider.Com

Comments are closed.