Roku Raises Annual Platform Revenue Forecast, Shares Rise 10%
Roku raised its annual platform revenue forecast for 2026 to $5 billion from $4.89 billion due to strong performance in the first quarter and growing advertiser interest in streaming media. The company's platform segment saw a 28% year-over-year increase, reaching $1.13 billion in Q1.
Tickers: $ROKU
Topics: advertising_growth connected_tv revenue_forecast stock_movement