Roku’s user base has grown consistently over the past three years (ROKU)
|09/29/2017||Posted by BusinessMediaguide.Com under General World News||
Streaming device company Roku priced its initial public offering at $14 a share yesterday, giving it a valuation of $1.3 billion. By the end of its first day on the market, the stock had surged nearly 70% to close at $23.50.
As we can see in this chart from Statista, the company’s active customer base has grown at a steady pace over the past 3.5 years as more and more people “cut the cord.” According to a press release, the company had 15 million active monthly accounts as of June 30, 2017, and its users streamed almost 7 read more >>>