Roku Stock Price, News & Analysis

Roku, Inc. (NASDAQ: ROKU) has been recognized by Fast Company as one of the top 10 most innovative companies in North America for 2023. Roku maintains its position as the leading smart TV operating system and streaming platform, boasting 70 million active accounts and over 85 billion hours streamed in 2022. The company expanded its product range with new devices and features, including Shoppable Ads and Roku-branded TVs set to release in spring 2023. The Roku Channel continues to grow, adding partnerships with Warner Bros. Discovery, enhancing its appeal to users while driving innovations that simplify the streaming experience.

Roku, Inc. (Nasdaq: ROKU) has announced that its Founder & CEO, Anthony Wood, will participate in a fireside chat at the 2023 Morgan Stanley Technology, Media and Telecom Conference on Monday, March 6, at 10:25 AM PT / 1:25 PM ET. The event will be accessible via a live webcast and replay on the Roku investor relations website.

Roku has been a pioneer in streaming, connecting users to their favorite content and providing unique advertising capabilities. The company operates in the U.S. and select international markets, offering streaming players, TV models, and smart home products.

Roku (Nasdaq: ROKU), the leading TV streaming platform, is unveiling its interactive Roku City screensaver at SXSW in collaboration with Best Buy. This pop-up event will take place on March 11-12 in Austin, Texas, featuring a range of experiences including a Best Buy Home Theater Experience, a rooftop diner, and a style shop. According to internal data, 66% of Roku users expressed interest in visiting Roku City. The activation aims to enhance the streaming experience beyond just content consumption, showcasing Roku's innovation in engaging users and advertisers.

Roku, Inc. (NASDAQ: ROKU) reported its fourth quarter and fiscal year 2022 results today. The company continues to enhance its streaming platform, connecting users to their favorite content while enabling publishers to grow their audience. Roku's streaming devices and Smart Home products are available in the U.S. and select international markets. A conference call will occur today at 2:00 PM Pacific Time to discuss the results, accessible via the Roku investor relations website. For further details, the letter to shareholders can be found online.

Roku and DoorDash have announced a multi-year partnership to enhance the TV experience for users by integrating interactive TV ads. Roku users can enjoy a complimentary six-month DashPass, providing $0 delivery fees on eligible orders. DoorDash will also serve as the exclusive ad solution partner for Roku's U.S. restaurants, enabling interactive click-to-order ads. Research indicates that 1 in 3 Roku users order food delivery weekly, and 36% are interested in interactive offers. Wendy’s is joining the initiative with exclusive promotions, such as $5 off purchases over $15. This collaboration aims to streamline food ordering directly from TVs.

Roku, Inc. (NASDAQ: ROKU) announced that it will release its fourth quarter and fiscal year 2022 financial results on February 15, 2023, after market close. A live conference call is scheduled for 2:00 p.m. Pacific Time on the same day to discuss the results. Participants can access the live call via the Roku investor relations website, with an archived version available afterwards. Roku is a leader in streaming technology, connecting users with content and enabling advertisers to reach audiences.

Roku has partnered with Cox Automotive to integrate automotive data with Roku's streaming data, enabling auto marketers to measure ad effectiveness throughout the car-buying journey. This collaboration will provide insights into consumer behavior from web browsing to vehicle sales, addressing a gap in existing measurement solutions. eMarketer projects U.S. digital retail media ad spending to reach $40.81 billion in 2023, highlighting the growing impact of streaming TV ads in the automotive sector. The partnership will allow better quantification of streaming advertising impacts on consumer actions.

Roku has partnered with Warner Bros. Discovery to introduce branded FAST channels on The Roku Channel, set to launch in spring 2023. This collaboration will add approximately 2000 hours of on-demand content, including iconic TV series and movies. Notable programs such as 'Westworld' and 'The Bachelor' will be available for free streaming. Roku continues to enhance its FAST offerings, having secured deals with other major networks. According to recent reports, The Roku Channel ranks as a leader in the AVOD and FAST streaming sectors, reaching an estimated 80 million U.S. households in Q4 2021.

Rebuilding Together Boston will be featured on PBS's Ask This Old House, showcasing home repairs made for 75-year-old Rosalind Pendleton. Her 19th-century home, built in 1884, required significant repairs including safe exits and improved lighting for her grandchildren. The episode, titled "Neighbors Helping Neighbors," will air starting Jan. 26, 2023. The nonprofit aims to raise awareness about the need for safe and affordable housing repairs, highlighting the social mission of enhancing homeowner safety and comfort. For more details about their services, visit www.rebuildingtogetherboston.org.