FILE PHOTO: The Roku company logo is displayed on a building in Austin, Texas, U.S., October 25, 2021. REUTERS/Mike Blake/File Photo
(Reuters) -Roku topped Wall Street estimates for second-quarter revenue on Thursday, helped by its expanding user base and advertising sales.
Analysts expect connected TV to be one of the fastest-growing ad media outlets over the next three to five years as ad budgets shift from linear TV to streaming, with Roku being a key beneficiary given its leading scale and engagement.
