Roku stock drops 24 percent amid ARPU concerns
Roku’s stock price dropped 23 percent during the trading day on Friday as investors appeared concern over the company’s sliding ARPU.
Q4 2023 Earnings Report
GCI sees slight revenue bump after adding broadband, wireless customers in 2023
GCI saw its overall revenue increase 1 percent during 2023 after making sizable investments in expanding its broadband services.
Roku grows to 80 million monthly active users, execs forecast ad business boom
Roku’s platform revenue soared to $3.0 billion during 2023, or 10 percent higher when compared to 2022. Gross profit increased 6 percent to $1.5 billion.
Altice loses 62,000 pay television customers during Q4 2023
The number of residential customers paying for Altice’s Optimum TV was 2.172 million at the end of 2023, the company revealed this week.
Fox tops Wall Street expectations on revenue in Q2 2024
Fox Corporation earned $115 million in net income on around $4.23 billion in revenue during its second fiscal quarter of the year.