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Broadcasting & Cable
Broadcasting & Cable
Business
Daniel Frankel

Roku Soundly Beats Q1 Revenue Forecasts with Sales of $881.5 Million

Roku headquarters in San Jose, Calif.

Roku shares rose (temporarily) in after-hours trading Thursday as the streaming company reported markedly better-than-expected revenue growth in the first quarter, with sales increasing by 19% to $881.5 million. 

Equity analysts had forecasted revenue growth of only around 14.8%.

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