Roku provides estimated q1 results

Roku provides estimated q1 results.2020 outlook withdrawn due to covid-19 uncertainty.roku estimates 39.8 million active accounts as of march 31, 2020, a net increase of nearly 3 million since december 31, 2019.roku also expects q1 streaming hours will be 13.2 billion, a 49% year-over-year increase.for three months ended march 31, 2020, roku expects revenue to be slightly higher and other metrics generally in-line with prior outlook.q1 cash, cash equivalents, restricted cash, short-term investments includes $70 million draw-down from revolving credit facility.working closely with advertisers to help update their plans to reflect new viewing patterns and adjust their overall marketing mix.expect some marketers to pause or reduce ad investments in near term.sees q1 total net revenue $307 million - $317 million.q1 revenue view $299.8 million -- refinitiv ibes data.
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