Nasdaq Welcomes Roku, Inc. (Nasdaq: ROKU) to The Nasdaq Stock Market
NEW YORK, Sept. 28, 2017 (GLOBE NEWSWIRE) -- Roku, Inc. (Nasdaq:ROKU), a pioneer in the TV streaming industry, rang the opening bell at the Nasdaq MarketSite in Times Square today in celebration of its initial public offering (IPO) on The Nasdaq Stock Market.
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Photos accompanying this announcement are available at
http://www.globenewswire.com/NewsRoom/AttachmentNg/a109cfc8-98c6-4236-a713-8507e92d9bd9
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Roku connects users to the streaming content they love, enables content publishers to build and monetize large audiences, and provides advertisers with unique capabilities to engage consumers. As of June 30, 2017, Roku had over 15.1 million active accounts, up 43% year over year; and streamed over 6.7 billion hours on the Roku platform, representing a 60% growth compared to the same period in 2016. Roku is at the forefront of the streaming industry, offering their users more entertainment options and more control over what they spend on content.
“TV streaming is one of the most disruptive content distribution models, shifting billions of dollars of economic value. We are extremely proud to partner with Roku as they continue to capitalize on this large economic opportunity as a publicly traded company,” said Nelson Griggs, President of the Nasdaq Stock Exchange.
The information contained above is provided for informational and educational purposes only, and nothing contained herein should be construed as investment advice, either on behalf of a particular security or an overall investment strategy. Information about the company is provided by the company or comes from the company’s public filings and is not independently verified by Nasdaq. Neither Nasdaq nor any of its affiliates makes any recommendation to buy or sell any security or any representation about the financial condition of any company. Statements regarding Nasdaq-listed companies are not guarantees of future performance. Actual results may differ materially from those expressed or implied. Past performance is not indicative of future results. Investors should undertake their own due diligence and carefully evaluate companies before investing. ADVICE FROM A SECURITIES PROFESSIONAL IS STRONGLY ADVISED.
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Nasdaq (Nasdaq:NDAQ) is a leading global provider of trading, clearing, exchange technology, listing, information and public company services. Through its diverse portfolio of solutions, Nasdaq enables customers to plan, optimize and execute their business vision with confidence, using proven technologies that provide transparency and insight for navigating today's global capital markets. As the creator of the world's first electronic stock market, its technology powers more than 90 marketplaces in 50 countries, and 1 in 10 of the world's securities transactions. Nasdaq is home to approximately 3,900 total listings with a market value of approximately $12 trillion. To learn more, visit: http://business.nasdaq.com
Media Contacts:
Stephanie Lowenthal
(646) 441-5073
Stephanie.Lowenthal@nasdaq.com
Emily Pan
(646) 441-5120
emily.pan@nasdaq.com
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