Roku Q3 Revenue Jumps 24% to $1.5B as $22B Fox Merger Advances

Roku reported strong third-quarter financials, with total revenue climbing 24% year-over-year to $1.5 billion and earnings per share soaring to $1.20 from just 16 cents a year earlier. The results come as its pending $22 billion merger with Fox Corp. continues to progress through regulatory review, clearing more hurdles along the way. The combination would create a major player in streaming and media, bringing together Roku's platform and Fox's content and sports assets. For investors and industry watchers, the quarterly performance underscores Roku's momentum even amid merger uncertainty. The sharp rise in profitability suggests the company is successfully monetizing its growing user base and advertising business. As the deal moves forward, all eyes remain on regulatory approvals and the strategic benefits both companies aim to unlock.