Roku Q3 Earnings Highlight More Strong Growth
After reporting two quarters in a row of accelerating year-over-year revenue growth, Roku (NASDAQ: ROKU) found its top-line growth rate decelerating a bit in Q3, as revealed in its third-quarter earnings release after the bell on Wednesday. But revenue was still up an impressive 50% year over year, highlighting the company's strong growth trajectory.
As usual, a huge increase in platform revenue, or revenue from the streaming-TV specialist's share of subscription and ad revenue on its platform, helped power the tech company's growth during the period.
Here's a closer look at the results.
Source Fool.com
