Capital Market Laboratories (CMLviz) One-on-One CFO Interview: Stresses on the system accelerate a movement towards streaming...
June 09 2020 - 03:13PM
In an interview with Capital Market Laboratories (CMLviz), Chief
Financial Officer of Roku (NASDAQ:ROKU) Steve Louden had a clear
message:
- The company anticipates that its ad business will
deliver substantial revenue growth on a year-over-year basis,
albeit at a slower pace and lower gross profit than originally
expected for the year due to COVID-19.
- The Roku team is convinced that they are in a period in
time in which advertising budgets are going to see an accelerated
shift to streaming from linear TV.
- The company saw a surge in active accounts and of
streaming hours.
In a far-ranging interview with the CFO we discussed the future
of the business and streaming video.
Read: Roku's CFO: Stresses on the system accelerate a movement
towards streaming
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Capital Market Laboratories
support@cmlviz.com
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