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Roku's Ads Drive a 7-Fold Jump in Profit: Rapid Earnings Reaction

Source: fool.com

Corporate EarningsCompany FundamentalsCorporate Guidance & Outlook
Roku's Ads Drive a 7-Fold Jump in Profit: Rapid Earnings Reaction

Advertising revenue grew 23%, and the business retained more of each dollar as gross profit. Lower marketing spending supported profit, but the company expects costs to rise in Q4.

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ROKU0.50

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