Roku gains on strong forecast as ad market recovers

Singapore News News

Roku gains on strong forecast as ad market recovers
Singapore Latest News,Singapore Headlines
  • 📰 ChannelNewsAsia
  • ⏱ Reading Time:
  • 7 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 6%
  • Publisher: 66%

Roku on Thursday forecast current-quarter revenue above estimates, citing recovery in the digital ad market. The streaming firm sees July-September period net revenue of US$815 million, higher than analysts' projection of US$809.6 million, according to Refinitiv data. Shares of the company gained

Roku on Thursday forecast current-quarter revenue above estimates, citing recovery in the digital ad market.

Shares of the company gained nearly 4 per cent aftermarket, after Roku also delivered higher-than-expected June-quarter revenue.

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

ChannelNewsAsia /  🏆 6. in SG

Singapore Latest News, Singapore Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Morning Briefing: Top stories from The Straits Times on July 26, 2023Morning Briefing: Top stories from The Straits Times on July 26, 2023You are reading the Morning Briefing newsletter. Get the news that prepares you for the day ahead, delivered to your inbox. Subscribe to our newsletter. Read more at straitstimes.com.
Read more »

While You Were Sleeping: 5 stories you might have missed, July 26While You Were Sleeping: 5 stories you might have missed, July 26While You Were Sleeping: 5 stories you might have missed, July 26. Read more at straitstimes.com.
Read more »

Morning Digest, July 26 - Singapore NewsMorning Digest, July 26 - Singapore NewsHere are the top stories you might've missed...
Read more »

SingTel, StarHub, M1 to retire 3G services by July 2024SingTel, StarHub, M1 to retire 3G services by July 2024SINGAPORE - All three mobile network operators providing 3G services in Singapore - SingTel, StarHub and M1 - will be retiring their 3G services by July 31, 2024. Read more at straitstimes.com.
Read more »

Singtel, StarHub, M1 to retire 3G services by July 2024Singtel, StarHub, M1 to retire 3G services by July 2024All three mobile network operators providing 3G services in Singapore – Singtel, StarHub and M1 – will be retiring their 3G services by July 31, 2024. There are approximately 100,000 individual 3G subscribers across the three telcos in the Republic. This comes...
Read more »

Stories you might’ve missed, July 26 - Singapore NewsStories you might’ve missed, July 26 - Singapore NewsHere are the top stories published today...
Read more »



Render Time: 2025-03-13 09:10:53