Roku Stock Surging New Highs- Bennet Global Hong Kong-----pressreleasepedia
                     Roku Stock Surging New Highs-
Bennet Global Hong Kong
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Roku Stock Surging New Highs
 Shares of Roku, the online media giant have recently 
seen an influx of positivity in their share price hitting 
new highs this week, on top of already impressive 
gains so far in 2019. 
 The streaming service provider have been making a 
large headway in the markets so far this year seeing 
an increase of 271% so far.
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Roku Stock Surging New Highs
 The question on many people’s minds of course, is 
what is driving this new rally for the company?
 Recently Canadian boutique equity research firm 
CrispIdea upgraded Roku from a hold 
recommendation up to a buy. 
 The company have cited many reasons for the 
upgrade, however it would seem that the main trigger 
has been Roku’s impressive revenue growth of late.
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Roku Stock Surging New Highs
 In recent months Roku have seen soaring numbers in 
their revenue with an impressive 45% year over year 
revenue growth for the full year. 
 More impressive perhaps, is the company’s platform 
segment, including its advertising revenue which grew 
over 85% compared to 2017.
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Roku Stock Surging New Highs
 Continuing into 2019 Roku did not slow down, with 
revenue accelerating upwards to 51% year over year 
in the first quarter alone, while platform revenue saw 
an impressive 79% growth for the first financial 
quarter. 
 One of the companies lead drivers to their huge 
revenue growth is the continuing expansion of their 
user base.
https://pressreleasepedia.com/roku-stock-surging-new-highs/
Roku Stock Surging New Highs
 Roku saw active accounts grow to 27 million in the 
fourth quarter of 2018, up 40% year over year, which 
continued into 2019, jumping to more than 29 million 
active user accounts. 
 On top of the growing numbers in users, engagement 
by the users have been surging alongside this, with 
streaming hours in the first quarter of 2019 topping 
out at 8.9 billion, up over 74% year over year.
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Roku Stock Surging New Highs
 Roku does not seem to be stopping the growth, and 
the company’s unbelievably strong execution has 
added more fuel to the fire when it comes to their 
gains. 
 And for the company, having an analyst upgrade their 
recommendation or being one of the bestselling 
products during Amazon’s Prime day, give strong 
evidence to investors that their growth is just 
beginning.
https://pressreleasepedia.com/roku-stock-surging-new-highs/
Roku Stock Surging New Highs
 If Roku continue along the same path that their 
existing business model has been laying out, the sky 
really is the limit for the company.
 Benjamin Zhou – Bennet Global
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Roku Stock Surging New Highs
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