Roku’s Operating Losses Balloon, Total Active Accounts Reach 70M

By Brad Pareso 

Roku said Wednesday it was keeping a lid on costs and forecast first-quarter revenue above Wall Street estimates, as the company bet on its streaming devices and content platform to drive growth. (Reuters)

Roku continued to see operating losses balloon in the fourth quarter to $249.9 million, even as net revenue for the quarter reached $867.1 million and total active accounts crossed 70 million users. (THR)

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