Capital Market Laboratories (CMLviz) One-on-One CFO Interview: Roku had "an outstanding quarter"
November 16 2020 - 3:21PM
In an interview with Capital Market Laboratories (CMLviz), Chief
Financial Officer of Roku (NASDAQ:ROKU) Steve Louden had a clear
message:
- CFO Louden describes the quarter just
ended as both outstanding and amazing, words that seem apt given a
73% rise in revenue, year over year, a 43% rise in active accounts,
and a 54% rise in hours that were streamed on the
platform.
- The Roku Channel will
continue to gain scale in
different international markets.
- A key operating metric for advertising
is Roku Monetized Video Ad Impressions. And that was up almost 90%,
year over year, versus last quarter it was up
50%.
- The content business
has benefitted
not only from the
acceleration of active accounts, but also strong consumer demand
for all types of viewing;
ad-supported viewing, subscription services, and premium
movie rentals.
In our conversation with the CFO we discussed the future of the
business, The Roku Channel, international expansion, and streaming
video in general.
Read: One-on-One with Roku's CFO: Louden: An ‘amazing’
quarter
Media queriesAlicia Newman, Director Client
ServicesCapital Market Laboratoriessupport@cmlviz.com
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