Thread by @OphirGottlieb

$ROKU

This is a new thread:

Here is what Wall Street algos will not get, but Wall Street analysts will soon

1. The Roku Channel continues to grow substantially faster than the overall platform, with a greater than an *100%* increase in streaming hours year-over-year.

$ROKU

2/n

This is a new thread:

2. "There can be no assurance that these patterns will continue throughout 2020; however, we believe that they may represent an acceleration of the longer-term trends reshaping the industry that were already well established prior to COVID-19."

$ROKU

3/n

"overall advertising expenditure in the U.S. is likely to fall in 2020, but we expect our ad revenues to still grow
substantially year-over-year;"

--

THIS MEANS THAT ROKU IS OUTPERFORMING $FB AND $GOOGL

$ROKU

4/n

"While our advertising business has seen higher than
normal cancellations as overall advertising budgets have declined, this has been partially offset by ...

... **** ad-spend that has *moved to Roku from traditional TV budgets.***"

5/n $ROKU

$ROKU is a monster.

It just said, out loud, through 'other words' but with facts, that it is outperforming $FB and $GOOGL

Yes. There is a new king.