Roku Inc (ROKU)

[crudeoil24]

Streaming platform revenue is expected to surpass hardware sales for the first time

Roku Inc. executives have been adamant that the company's streaming platform is the future of the business, and that future appears to be here.

After the bell Wednesday, Roku (ROKU) is expected to report that the company's streaming platform outperformed its hardware in a quarter for the first time, highlighting the investment thesis that executives sold in the company's initial public offering (http://www.marketwatch.com/story/rokus-stock-rockets-in-its-nasdaq-debut-2017-09-28). Analysts expect hardware sales of $60.3 million and platform revenue of $66.7 million--nearly double what the company reported for platform-related sales in the year-earlier quarter.

(https://asset.wsj.net/dynamic-insets/charts/cdc_8470164df79bffdc9d40eabd_embed.html)