Anonymous ID: d40b1d May 5, 2020, 5:25 p.m. No.9045147   ๐Ÿ—„๏ธ.is ๐Ÿ”—kun

Roku, Inc Chairman and CEO sold: $4.02m-May 1

 

Anthony Wood

Founder, Chairman and Chief Executive Officer

Anthony Wood founded Roku in 2002 and has been its CEO since then. In 2007, Anthony also briefly served as Vice President of Internet TV at Netflix. Prior to Roku, Anthony invented the DVR (digital video recorder) and founded ReplayTV, where he served as CEO before the company's acquisition in 2001. Before ReplayTV, Anthony co-founded iband.com, an Internet software company later acquired by Macromedia. Anthony is also Founder and Chairman of BrightSign LLC, the global market leader in digital signage products that was spun off from Roku in 2010. He holds a bachelorโ€™s degree in electrical engineering from Texas A&M University.

https://ir.roku.com/corporate-governance/management

 

Roku, Inc. operates television streaming platform. The Company connects users to streaming content, enables content publishers to build and monetize audiences and provides advertisers with capabilities to engage consumers. Its Roku platform allows users to personalize their content selection with cable television replacement offerings and other streaming services that suit their budget and needs. Ad-supported channels available on the Roku platform include CBS News, Crackle, The CW Television Network and Vice; subscription channels include HBO Now, Hulu and Netflix, as well as traditional pay TV replacement services like DirecTV Now, Sling TV and Sony PlayStation Vue; and transactional channels include Amazon Video, Google Play and Vudu. Its product categories include advertising, Roku TVs and Streaming Players. Number of employees : 1 650 people.

https://www.marketscreener.com/ROKU-INC-37892974/company/

 

What to Watch as Uber, PayPal, Roku and Others Report This Week

 

When They Report: Thursday afternoon.

 

Consensus Estimates: Roku is expected to report Q1 revenue of $305 million (up 48%) and GAAP EPS of negative $0.46. For Q2, consensus estimates are for revenue of $312 million (up 25%) and EPS of negative $0.44.

 

One Thing to Watch: Ad sales trends. As Roku's April 22 pre-announcement makes clear, COVID-19 lockdowns have boosted viewing activity for Roku's platform. But with ad spend in general, and brand ad spend in particular, currently under pressure, any commentary that Roku shares about its current ad revenue growth rates will get a lot of attention.

 

Roku's Platform (non-hardware) revenue, which accounts for the lion's share of its gross profit and is fueled in large part by ad sales, is expected to come in at $218 million in Q1 (up 63%) and $220 million in Q2 (up 31%).

 

https://realmoney.thestreet.com/investing/technology/what-to-watch-as-uber-paypal-roku-and-others-report-this-week-15312015

https://www.finviz.com/insidertrading.ashx?oc=1716837&tc=7&b=2

Anonymous ID: d40b1d May 5, 2020, 5:34 p.m. No.9045271   ๐Ÿ—„๏ธ.is ๐Ÿ”—kun

Shanghai Disneyland to reopen on May 11

 

PALO ALTO, U.S. โ€“ Walt Disney Co. will start reopening Shanghai Disneyland on May 11, it announced Tuesday, more than three months after closing the theme park.

 

"We are seeing encouraging signs of a gradual return to some semblance of normalcy in China," new CEO Bob Chapek said on an earnings call.

 

Shanghai Disneyland will be the first Disney theme park to reopen, while others remain closed over the coronavirus.

 

"There is limited visibility into the timing of reopening, and the conditions under which we can reopen the rest of our parks and resorts, cruise ships and Disney stores," Chief Financial Officer Christine McCarthy said on the call.

 

The closure of the theme parks and related businesses worldwide dealt a roughly $1 billion blow to operating income in Disney's second quarter, which ended March 28. Operating income fell 37% on the year to $2.4 billion. The parks, experiences and products segment recorded $639 million in operating income โ€“ 58% below the year-earlier $1.5 billion.

 

About half of the nearly $1 billion loss was due to the closure of the parks in the U.S., with the rest stemming from the shutdown of international theme parks and Disney Cruise.

 

Disney closed its park in Shanghai on Jan. 25, Hong Kong on Jan. 26, and in Tokyo on Jan. 29. Disney Paris, Disneyland in California and Walt Disney World in Florida did not close until mid-March. The decision to reopen in Shanghai came "in light of the lifting of certain restrictions in recent weeks and the successful reopening of our park-adjacent retail and food and beverage area, Disneytown," Chapek said.

 

Disney Shanghai can generally host 80,000 visitors a day but will initially limit traffic to "far below" the government's desired limit of 30% of that, or 24,000, the CEO said. The park will employ such measures as "social distancing and strict government-required health intervention procedures," Chapek said. "These include the use of masks, temperature screenings, and other contact tracing and early detection systems."

https://asia.nikkei.com/Spotlight/Coronavirus/Shanghai-Disneyland-to-reopen-on-May-11

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