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Roku, Inc. - ROKU STOCK NEWS

Welcome to our dedicated page for Roku news (Ticker: ROKU), a resource for investors and traders seeking the latest updates and insights on Roku stock.

Roku, Inc. Class A Common Stock (symbol: ROKU) is a pioneering company in the realm of television streaming. Founded by Anthony Wood, the inventor of the DVR, Roku has established itself as a significant player in the streaming industry, enabling consumers to access a wide array of television programming through its innovative platform.

At the core of Roku's offerings is the Roku OS, a proprietary operating system built from the ground up to deliver a superior user experience. This OS powers not only Roku's own streaming devices and televisions but also connected televisions from other manufacturers that license Roku's software. This widespread adoption has made Roku the top streaming operating system in the United States, reaching more than half of broadband households.

With over 80 million streaming households and more than 100 billion streaming hours provided in 2023 alone, Roku's influence in the streaming world is substantial. The company's revenue model is multifaceted, encompassing sales of Roku streaming players, licensing deals with TV OEMs and pay TV operators, and a robust advertising platform. The Roku Channel, a free ad-supported streaming service, further adds to their portfolio by offering a mix of on-demand and live television programming.

Roku's commitment to delivering an exceptional user experience is evident in their continuous investment in top-tier talent across various domains such as advertising, billing, data, mobile, marketing, TV, and software development. Headquartered in Saratoga, California, the company is backed by prestigious investors including Fidelity, 21st Century Fox, Hearst, and Sky.

Recent news highlights Roku's ongoing efforts and developments in the streaming industry. Recent collaborations and technological advancements continue to bolster their market position and expand their user base, solidifying their vision of a future where all television is streamed through software-based operating systems.

News

Your TV Just Got Better with New Updates from Roku

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Roku, Inc. (NASDAQ: ROKU) introduces new features like Backdrops and Roku Smart Picture to enhance TV viewing experience. The company aims to personalize and elevate the streaming experience for users across all U.S. devices. Additionally, iconic Hollywood cars will be featured in Roku City, enriching the digital downtown experience. These updates showcase Roku's commitment to delivering a top-notch streaming experience tailored to individual preferences.
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Roku Pro Series Arrives with Elevated Features and Design in a TV Made for Streaming

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Roku introduces the new premium Roku Pro Series TVs, featuring advanced picture quality, immersive audio, a new Voice Remote Pro, and Roku Smart Picture Max. The TVs are available at Best Buy, Amazon, and Walmart. The Pro Series boasts mini-LED backlighting, a 4K QLED panel, HDR10+, Dolby Vision IQ™, and a flagship processor for a superior streaming experience. The Roku Voice Remote Pro 2nd edition includes motion-activated backlit buttons, USB-C charging, and a remote finder button. The Pro Series TVs also come with Backdrops, a feature to transform the TV into a work of art. Pricing starts at $899.99 for 55” models.
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With Roku’s All-New NBA FAST Channel and NBA Zone, Basketball Fans Are at the Center of the Action

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Roku partners with the NBA to launch the first-ever NBA FAST channel on The Roku Channel, providing basketball fans with access to games, highlights, documentaries, and original series. The NBA Zone within the channel offers a wide range of NBA content, including classic games, recaps, studio shows, and interviews. Roku will also exclusively stream over 40 live NBA G League games during the 2024-2025 season.
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Cross Screen Media and Roku Expand Partnership to Enable Cross-Channel Measurement for Local Agencies

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Cross Screen Media announces expanded partnership with Roku, allowing agencies to measure spend on Roku inventory and target precise audiences using ACR viewership data. The partnership aims to help political agencies reach target voters effectively during critical months.
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DoubleVerify Unmasks CTV Ad Fraud Scheme, CycloneBot

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DoubleVerify (DV) reveals the identification and mitigation of CycloneBot, a sophisticated CTV ad fraud scheme causing up to $7.5 million in monthly financial impact for unprotected advertisers. DV collaborated with Roku to combat the scheme, highlighting the importance of their partnership in securing the CTV advertising ecosystem.
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Roku’s Chief Financial Officer to Participate at KeyBanc Emerging Technology Summit

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Roku, Inc. CFO Dan Jedda to present at KeyBanc's Emerging Technology Summit on March 6, 2024. Live webcast and replay details provided.
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Roku Hits Major Milestones, Surpassing 80 Million Active Accounts and More than 100 Billion Streaming Hours in 2023

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Roku, Inc. continues to see significant growth in active accounts, with over 80 million users globally. Viewer engagement is at an all-time high, with over 100 billion hours streamed in 2023. The company's focus on user experience and content discovery has led to increased time spent on the platform. Roku aims to be the top choice for TV streaming, connecting viewers to their favorite content.
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Roku Releases Fourth Quarter and Fiscal Year 2023 Financial Results

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Roku, Inc. (NASDAQ: ROKU) has announced its fourth quarter and fiscal year 2023 results, with a webcast scheduled to discuss the outcomes. Investors can access the conference call on the Roku investor relations website.
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Roku to Announce Fourth Quarter and Fiscal Year 2023 Financial Results on Feb. 15, 2024

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Roku, Inc. (Nasdaq: ROKU) will release its Q4 and fiscal year 2023 financial results on Feb. 15, 2024, after the stock market closes. A live webcast of the conference call to discuss the results will be available on the Roku investor relations website. Participants can access the webcast in listen-only mode. An archived webcast will also be available on the Roku website.
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Roku, the #1 Selling TV Operating System in the U.S. and Mexico, Celebrates 10 Years of Roku TV

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Roku TV (ROKU) has expanded its licensing program to include models from over 25 global TV partners, offering a wide range of 2k to 8k to OLED models in various sizes. The company has also introduced Roku-branded TVs and is celebrating 10 years of providing exceptional streaming experiences. With a focus on delivering a seamless, best-in-class streaming experience at competitive prices, Roku has become the #1 selling TV operating system in the U.S. and Mexico. The company's customers have viewed 100 billion streaming hours on a trailing 12-month basis, and the addition of high-performance features and technologies, such as Roku Smart Picture, aims to elevate the picture and audio quality for all Roku platforms.
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FAQ

What is the current stock price of Roku (ROKU)?

The current stock price of Roku (ROKU) is $69.2 as of November 22, 2024.

What is the market cap of Roku (ROKU)?

The market cap of Roku (ROKU) is approximately 10.1B.

What does Roku, Inc. do?

Roku, Inc. develops a streaming platform that enables consumers to stream television programming through its proprietary Roku OS.

How does Roku generate revenue?

Roku generates revenue from selling streaming devices, licensing its OS to TV OEMs and pay TV operators, and through advertising and subscription fees from streaming platforms.

What is the Roku OS?

The Roku OS is a proprietary operating system built by Roku to deliver a best-in-class user experience for streaming devices and televisions.

How many households use Roku's streaming platform?

Roku's streaming platform is used by over 80 million streaming households.

What is the Roku Channel?

The Roku Channel is a free ad-supported streaming service offered by Roku that provides a mix of on-demand and live television programming.

Where is Roku headquartered?

Roku is headquartered in Saratoga, California.

Who founded Roku?

Roku was founded by Anthony Wood, the inventor of the DVR.

Who are some of Roku's investors?

Roku is backed by top-tier investors including Fidelity, 21st Century Fox, Hearst, and Sky.

What recent achievements has Roku made?

Roku has continued to innovate in the streaming industry, expanding its user base and enhancing its streaming platform features.

What are Roku's future aspirations?

Roku aspires to power every TV in the world, with a vision that all television will be streamed through software-based operating systems.

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Roku, Inc.

Nasdaq:ROKU

ROKU Rankings

#871 Ranked by Market Cap
N/A Ranked by Dividends

ROKU Stock Data

10.08B
127.06M
0.59%
83.63%
6.15%
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