Tag Archives: STB

Roku has 29.1 million active users (and no profit)

The company has grown to 29.1 million active users, who in the last three months collectively streamed 8.9 billion hours of content. Between device sales and platform fees, Roku pulled in a gross profit of $100.9 million, although that wasn’t enough to cover its operating expenses. Consequently, the company wound up making a loss of $10.7 million, topping the $6.9 million it lost in the same period in 2018. – Daniel Cooper, Engadget » https://engt.co/2Wzxvv1
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