Roku FY23 Active Accounts 80M, Up 10M From 2022
Portfolio Pulse from Benzinga Newsdesk
Roku has reported an increase in active accounts to 80 million for FY23, marking a significant growth of 10 million accounts from the previous year, 2022.
February 15, 2024 | 9:10 pm
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Roku's FY23 report shows a substantial increase in active accounts, reaching 80 million, up by 10 million from 2022.
The increase in active accounts is a strong indicator of Roku's growing user base and market penetration. This positive growth metric is likely to be viewed favorably by investors and could lead to a short-term increase in Roku's stock price, as it reflects the company's expanding influence and potential for increased revenue through advertising and subscription services.
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IMPORTANCE 90
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