Investors are still apparently eager for more as the company continues to pivot toward a services-based model from its current focus making boxes for streaming television—a focus that, so far, has been quite successful. Despite competition from industry behemoths like Amazon and Google, Roku enjoys a dominant 37% share of the US streaming device market, according to Parks Associates, up from 30% last year.
The result has been some impressive financial growth metrics. For the six months ending June 30, revenue increased 23% YoY to nearly $200 million. Gross profit margin increased to 38% from 31%, helping the operating loss shrink to $21.2 million compared to $32.6 million in the year-ago period.
From the article "Roku's early success magnifies Blue Apron, Snap failures" by Anthony Mirhaydari.
Roku still inhabits an enviable position in the streaming wars. The company powers about 38% of streaming devices and connected TVs in the U.S., according to Parks Associates, representing a leading m...
“What Frndly TV delivers is very focused—it’s not trying to be all things for all people,” said Paul Erickson, a senior analyst at Parks Associates, a research firm. From the article "Family-Focuse...
It is important to understand the different types of services offered and how Parks Associates defines them, as well as examples of some of the major players in each category. OTT services experien...
Home surveillance cameras—from Ring, Nest, Arlo and others—are the eyes and ears of many neighborhoods. Around 14% of U.S. households with broadband have installed an internet-connected camera, accord...
