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Roku reports strong Q3 results amid pending Fox takeover

Outlets report that Roku exceeded earnings expectations with strong third-quarter revenue growth as its deal with Fox Corp. continues to progress.

a couple of women sitting on top of a couch
Illustrative photo · Kevin Woblick / Unsplash

At a glance

  • Roku generated $1.5 billion in third-quarter revenue, representing a 24% increase from the previous year.23
  • The company reported $183 million in net income, beating Wall Street expectations.13
  • The financial results come during Roku's pending acquisition by Fox Corp.123

Roku reported strong third-quarter results that surpassed Wall Street expectations.13

Total revenue for the quarter reached $1.5 billion, a 24% increase compared to the prior year.23

The company generated $183 million in net income during the period.13

These financial figures arrive as Roku works toward completing its merger with Fox Corp.123

Where sources agree

  • Roku reported strong third-quarter financial results3 of 3
  • Roku has a pending merger or takeover with Fox Corp.3 of 3
  • Third-quarter revenue reached $1.5 billion2 of 3
  • Net income reached $183 million2 of 3

Who covered this

3 National

Sources

  1. 1The Hollywood ReporterRoku Sees Soaring Sales, Net Income of $183M, As It Blasts Past Analyst Expectations ↗
  2. 2DeadlineAs Roku’s Merger With Fox Clears More Hurdles, Streaming Provider Delivers Strong Q3 Results ↗
  3. 3VarietyRoku Delivers Another Stellar Quarter: Q3 Sales Soar 24% as Media and Entertainment Ad Spending Sees Biggest Growth in Four Years ↗

Based on reporting from these reputable newsrooms and reviewed by Orbit’s editors. A fact appears only when at least two sources report it. Orbit is not affiliated with these publishers.

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