Tag Archives: IPO

Roku sees ARPU, shipments surge in Q2

Overall, the quarterly results showed that Roku’s revenue came in at $250.1 million (versus $224.4 million expected); and earnings per share were $-0.08 versus the $-0.21 per share expected. Gross profit was $114.2 million, up 47% year-over-year. – Michelle Clancy, Rapid TV News » https://ift.tt/2H2qCgh

Spotify’s public filing reveals key stats about the streaming giant

Spotify quietly signaled its intention to become a publicly traded company in December of last year, even though several lawsuits over licensing were looming. Now the streaming service has filed for a direct listing on the New York Stock Exchange, an alternative to the more typical initial public offering (IPO) that offers the company a savings on underwriting fees and a dilution of existing shares. – Rob LeFebvre, Engadget http://engt.co/2F19e8v
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