Roku sets IPO terms

|About: Roku Inc. (ROKU)|By:, SA News Editor

Roku (Private:ROKU) sets terms on its IPO.

The video streamer expects to offer 15.7M shares in a price range of $12 to $14. The shares include 6.668M shares from selling stockholders.

Roku reports it had 13.3M subscribers on June 30, 2017 and showed streaming growth of 62% to 6.7B hours for the six months before June 30.

Previously: Roku files for initial public offering (Sept. 1)

Previously: Roku launches its own ad-supported movie channel (Sept. 6)


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