Roku forecasts annual revenue above estimates on strong ad sales
HBO
:Roku forecasts annual revenue above Wall Street estimates and topped fourth-quarter revenue expectations on Thursday, signaling strong advertising sales as more customers switch to streaming platforms, sending its shares up 14 per cent in extended trading. The surge in political ad spending and the launch of streaming channels like Peacock, Disney+ and HBO Max have boosted Roku's subscriber base, ad revenue and overall growth. "We continue to make progress growing ad demand through deeper
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