Roku posts first quarterly profit since 2021
Reading Time : 2 minutesRoku delivered its first operating profit since 2021 in Q3, with revenue rising to about $1.21 billion and operating income at $9.5 million. Platform growth, especially ad and content distribution, drove the beat, while device revenue fell. Management raised full-year guidance, but the stock still slid post-earnings amid questions about hardware-to-platform transition and longer-term margins.