Roku Stock Price, News & Analysis

Roku (Nasdaq: ROKU) introduced a new premium Roku TV OLED reference design at CES 2023, offering enhanced picture quality and features to its partners. This design features superior black levels, contrast, and viewing angles.

Roku's commitment to providing high-quality streaming experiences continues, with 11 reference designs launched since 2014. The Roku TV program is now the leading smart TV OS in the U.S., expanding its market presence internationally across nine countries. Roku plans to add new TV brands and models this year.

Roku, Inc. (Nasdaq: ROKU) and TCL Electronics announced the launch of TCL Roku TV™ models in Australia starting in early November. Available in 55- and 65-inch sizes, these 4K UHD TVs will offer a customizable home screen that integrates live TV, traditional inputs, and streaming channels. The models will support Freeview for free terrestrial channels and will feature access to the Roku Channel Store, including services like Netflix and Disney+. Pricing details will be disclosed by TCL.

Roku, Inc. (NASDAQ: ROKU) announced its third quarter 2022 results and will host a conference call today at 2:00 PM PT to discuss the outcomes. Interested parties can access the live webcast through the Roku investor relations website. Roku continues to lead in streaming technology, connecting users to content while enabling publishers to reach large audiences. The company offers a range of streaming devices and smart home products, enhancing user engagement and advertiser capabilities.

Roku, Inc. (NASDAQ: ROKU) will announce its third quarter 2022 financial results after market close on November 2, 2022. A live conference call will take place at 2:00 p.m. Pacific Time on the same day, which can be accessed via the Roku investor relations website. An archived version will also be available afterwards.

Roku has launched The Roku Channel in Mexico, making it available free of charge to Roku device users starting October 13. This channel includes over 30 Roku Originals and a selection of popular films and TV shows from global and local partners such as Sony and Lionsgate. Roku aims to replicate its U.S. success, where the channel ranks among the top five for engagement. Additionally, the launch introduces a Live TV experience with over 25 channels, enhancing content accessibility and increasing advertising opportunities.

Roku, Inc. (NASDAQ: ROKU) and Walmart (NYSE: WMT) have launched a new suite of affordable smart home products, available in nearly 3,500 Walmart stores starting October 17. This product line includes security cameras, video doorbells, smart lighting, and other devices designed to enhance the smart home experience. Roku aims to integrate these devices with its TV platform, allowing users to access functionality such as live camera feeds while streaming. The smart home products feature advanced security capabilities and are designed for easy consumer connectivity.

Nielsen (NLSN) announced a new partnership with Roku (ROKU) that allows marketers to deduplicate ad campaign reach and frequency across traditional TV, connected TV, desktop, and mobile for the first time. This four-screen measurement will be incorporated into Nielsen Total Ad Ratings and is a key feature of the upcoming Nielsen ONE platform, set to launch in December 2022. The move responds to the increasing shift in advertising investments toward streaming. This enhanced measurement capability aims to deliver a consistent view of audiences across different platforms and improve ad targeting.

Roku, Inc. has launched the Roku Ultra streaming player in Canada, featuring advanced technology like Dolby Vision^®, Dolby Atmos^®, and a rechargeable remote with hands-free voice control. This device promises lightning-fast performance and best-in-class picture and audio quality. The new Roku OS 11.5 enhances search and discovery, and introduces French-Canadian voice command capabilities. Priced at $129.99, the Roku Ultra is set to provide an exceptional streaming experience for users.

Roku has appointed three senior executives to lead its media, devices, and consumer experience divisions. Charlie Collier will serve as President of Roku Media, while Mustafa Ozgen and Gidon Katz will head Devices and Consumer Experience, respectively. Collier, a media veteran, aims to enhance Roku's advertising and content strategy. Ozgen and Katz bring extensive industry backgrounds, previously holding significant roles in other major companies. These leadership changes are expected to strengthen Roku’s market position amid the ongoing shift towards streaming.