Roku reported 20% growth in Q3, bringing in $912 million in revenue, topping expectations of $847 million. The streaming company also added 2.3 million subscribers for a total of 75.8 million active accounts globally, up 16% year-over-year, driven by an increase in smart TV sales, the company said.
“We drove strong engagement with streaming hours surpassing 100 billion for the first time on a trailing 12-month basis, and the Roku Channel remains a top 10 streaming app with engagement comparable to Paramount Plus, Peacock and Max according to Nielsen,” said CEO Anthony Wood.
