2024-03-20 05:49:46 ET
Summary
- Roku faces significant headwinds resulting from operational headwinds, international expansion, and a challenging macroeconomic environment.
- Expansion into the EU Bloc may face ARPU headwinds related to data privacy laws, leading to lower quality ad targeting which may dilute advertising revenue.
- I believe that the firm's cost-cutting measures in FY23 and the lack of guidance for eFY24 are signals from management that eFY24 may bring significant challenges to Roku's operations.
Read the full article on Seeking Alpha
For further details see:
Roku Takes International Expansion And Loses ARPU