Roku Inc on Wednesday topped Wall Street estimates for quarterly revenue as its strategy to focus on its ad-supported platform paid off, with more viewers spending longer hours streaming content. Shares of Roku, which made a spectacular debut on the Nasdaq last year, rose as much as 9.2 percent in after-hours trading after the company said it added 22 million active accounts in the second quarter. Roku is known for its device that connects televisions to streaming services from companies such as Hulu, Netflix Inc and Amazon.com Inc. …read more
Source:: Yahoo Finance
