3 Key Takeaways From Roku's Q3 Earnings Report
Roku (NASDAQ: ROKU) reported fantastic third-quarter results that suggest it's benefiting from more people who prefer streaming their content over traditional cable viewing. This trend is accelerating during the pandemic and is something the company does not expect will reverse once the COVID-19 pandemic has faded.
That, along with other interesting developments that potential investors are going to want to know about, were revealed when the company reported its third-quarter results on Nov. 5. Let's take a closer look at three important details that investors should take away from Roku's latest earnings release.
Roku reported revenue that beat expectations. Image source: Getty images.
Source Fool.com
