Roku Reports Higher Third-Quarter Profit and Revenue
Roku posted third-quarter profit of $183.3 million, or $1.20 per share. Revenue rose nearly a quarter, driven by advertising and subscription growth, while expenses fell.
By Natalie WegerRoku posted higher third-quarter profit after revenue rose by nearly a quarter, driven by advertising and subscription growth, while expenses fell.The video-streaming company on Monday posted a third-quarter profit of $183.3 million, or $1.20 cents a share, compared with $24.8 milli…