Roku ad impressions double, revenue grows 50%
SAN JOSE, Calif – OTT platform Roku last week reported total net revenue of $260.9 million in the third quarter of 2019 ended September 30th, up 50% compared to the end of Q3 2018 (all figures in U.S. dollars).Platform revenue (separate from device revenue) is 69% of total revenue and it grew by 79% year-over-year to $179.3 million.Active accounts climbed 36% since last Sept. 30 to 32.3 million, and the company saw a net addition of 1.7 million customers since the end of Q2. Streaming hours increased 900 million hours over last quarter, to 10.3 billion and average revenue per...
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