Roku Stock Drops, CEO Says Everything Is "Great"

  • 6 years ago
Roku CEO Anthony Wood says the company is happy with their business. Business Insider reports that Roku's stock decreased 12% Wednesday after third-quarter earnings were revealed. The streaming media device maker revealed that the growth rate of its platform business, which includes its advertising sales, slowed in the third quarter. Wood said, "We had a great quarter. We're very happy with how things are going.

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