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ROKU STREAMING HOURS INCREASE BY 80% IN APRIL, NEARING 40 MILLION ACCOUNTS IN Q1 11 MAY 2020

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ROKU STREAMING HOURS INCREASE BY 80% IN APRIL, NEARING 40 MILLION ACCOUNTS IN Q1

The company posted a USD 320.8 million revenue, reflecting a 55% year-over-year increase, but Roku’s advertising business also saw a rise in cancellations and overall ad budget declines as a result of the transfer from traditional TV budgets to Roku's over-the-top video.