Rokushares roared to life after hours Wednesday after thestreamingspecialist reported better-than-expected results for the fourth quarter.
Total streaming hours jumped 23% in the quarter, reaching 23.9 billion.
Macro uncertainties and inflationary pressures negatively affected the consumer electronics category.
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Unit sales of Roku TV models in the U.S. outperformed the overall market due to consumers focus on value.
International Roku TV unit sales also benefited from this same Q4 trend.
