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Roku is expected to publish Q1 2024 results toward the end of this month. While the advertising market has seen headwinds over the past year, as businesses held back due to weak consumer spending, we expect Roku to see a recovery over Q1.
Roku's content partners might have the upper hand at the negotiating table. Roku is well positioned to benefit from the ongoing growth of streaming entertainment.
Ark Invest bought shares of Roku, Teladoc, and Blade Air Mobility on Monday. Roku has lost more than a third of its value this year.
Zacks.com users have recently been watching Roku (ROKU) quite a bit. Thus, it is worth knowing the facts that could determine the stock's prospects.
Roku disclosed to its customers Friday (April 12) that 591,000 accounts were impacted by two separate cyberattacks. In less than 400 of these cases, hackers logged in and made unauthorized purchases of streaming service subscriptions and Roku hardware products using the payment method stored in these accounts, the company said in a Friday (April 12) blog post.
Here's what to know about the newly announced security breach.
Roku has announced a data breach in which hackers gained access to 567,000 streaming accounts — the streaming company's second security incident this year. Yahoo Finance reporter Dan Howley joins Wealth!
In some cases, information was used to make unauthorized purchases of streaming service subscriptions and hardware products using the payment method stored in the accounts.
Roku said it discovered malicious hackers compromised more than half a million user accounts while investigating an earlier spate of account hacks.
About 576,000 Roku accounts were compromised in a recent cyberattack, with hackers making unauthorized purchases on some accounts, the company announced Friday, the latest cybersecurity incident involving the company after thousands of accounts were compromised last month.