- The company anticipates that its ad business will deliver substantial revenue growth on a year-over-year basis, albeit at a slower pace and lower gross profit than originally expected for the year due to COVID-19.
- The Roku team is convinced that they are in a period in time in which advertising budgets are going to see an accelerated shift to streaming from linear TV.
- The company saw a surge in active accounts and of streaming hours.
In a far-ranging interview with the CFO we discussed the future of the business and streaming video.
Alicia Newman, Director Client Services
Capital Market Laboratories