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Broadcasting & Cable
Broadcasting & Cable
Business
Daniel Frankel

Roku Shares Surge on 11% Q2 Revenue Spike

Roku

Roku stock surged around 8% in after hours trading on the Nasdaq Thursday as the streaming company reported second-quarter revenue of $847 million, up 11% year over year. 

That performance was largely driven by what is Roku's primary business, advertising-dependent "platform" sales, with revenue reaching $744 million for the quarter, also up 11% over Q2 2022. 

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