Public Notes by chase_ats Tagged #rumors
Notes publicly shared by our members.
"In the filing, the company said it has 15.1 million active accounts as of June 30 of this year and that Roku users streamed more than 6.7 billion hours on the platform in the six months ending on that date. Roku said that marks a 62% growth from the same period last year." -- "The company said it generated $199.7 million in revenue in the six month period ending on June 30. In fiscal year 2016, it generated $398.6 million in revenue, an increase of 25% from 2015." -- so doesn't that mean it didn't increase earnings from first half of 2016 to second half? Aka this is another Snapchat and Fitbit and potentially eventually GoPro? 2016 might potentially have been its peak in terms of money (hype peak was years ago). -- They are trying to IPO at $1B. Lulz, this will be at revenue aka closer to $500M before 2018 is over. #IPOs #pre_IPO #news #rumors #streaming #streaming_devices #modern_devices #streaming_services #$tv #$movies #$media #billion_dollar_startup_club #pub