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Infographic: Roku Q2 2023 loss narrows on larger revenues


Roku, Inc. (NASDAQ: ROKU) reported a internet loss for the second quarter of 2023 when the media streaming platform’s revenues elevated by 11%.

The corporate reported complete revenues of $847 million for the three months ended June 2023, which is up 11% from the year-ago interval. The variety of energetic accounts elevated to 73.5 million.

Roku incurred a internet lack of $107.6 million or $0.76 per share within the second quarter, which marked an enchancment from the prior-year interval when the corporate reported a lack of $112.3 million or $0.82 per share.

“Roku is rising viewers and hours, whereas conventional pay TV continues to erode. Our unrelenting focus to construct a best-in-class client expertise that’s easy and pleasant is driving engagement,” mentioned Anthony Wooden, CEO of Roku.

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