Roku Q1 Revenue Jumps 16%, Company to Acquire Streaming Service Frndly TV for $185 Million

Roku turned in first-quarter 2025 earnings that edged over Wall Street forecasts and announced a $185 million deal to buy Frndly TV, a subscription streaming service that offers live TV, on-demand video, and cloud-based DVR. For the first quarter, Roku total revenue was $1.02 billion, up 16%. Net loss was $27.4 million, or a loss […]