Roku posts bigger loss due to higher spending; shares fall 7%
Roku Inc posted a bigger net loss in the first quarter on Thursday, as the video streaming device maker spent more to attract subscribers to its free ad-supported channel, sending its shares down 7% in extended trading. [Source]
Publication Date:Origin: reuters.com
Category: technologyNews
Topics: shares, bigger, trading, extended, sending, channel, ad-supported, subscribers, attract, spent, maker, device, streaming, video, quarter, first, posted, spending;, higher, posts
