Roku Inc (ROKU) Surges on Impressive Q3 Revenue Growth
Roku Inc reported a 20% year-over-year increase in total net revenue, reaching $912 million in Q3 2023. The company's active accounts grew to 75.8 million, with a net increase of 2.3 million from the previous quarter. Streaming hours also increased by 4.9 billion hours year-over-year, reaching 26.7 billion in Q3 2023. Adjusted EBITDA was reported at $43 million.