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Stock impact report

Roku IPO Filing: 4 Things You Should Know [Fortune]

Fox Corporation - Class A (FOXA) 
Last fox corporation - class a earnings: 2/5 04:05 pm Check Earnings Report
US:NASDAQ Investor Relations: 21cf.com/investor-relations
Company Research Source: Fortune
Roku, the maker of one of the most popular streaming video devices, filed for an initial public offering on Friday to raise $100 million. The IPO filed with the U.S. Securities and Exchange Commission gives new insight into the streaming television set-top maker, including whether it's actually profitable. (And no, it isn't making money, yet.) Here are four fast facts worth knowing about Roku and its much anticipated IPO: 1. Roku is trying to shift its revenues away from device sales. Roku considered filing an IPO in 2014. The company, which at the time was in the process of diversifying its business beyond hardware and into software, decided to wait. Since then, it appears that the company has managed to diversify. Roku makes the bulk of its money selling its Internet set-top box, but it wants to grow revenue generated from its platform through advertising and subscription dollars. Roku According to its IPO filing, that appears to be happening. The company say Show less Read more
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