Roku Inc (NASDAQ: ROKU) released its second-quarter financial results after the market closed. The company reported revenue of $1.11 billion, a 15% increase from the previous year, surpassing the Street's expected $1.07 billion. Platform revenue saw significant growth, reaching $975.5 million, up 18% year-over-year, driven by successful video advertising and the acquisition of Frndly. Device revenue, however, decreased to $135.6 million, down 6% compared to the previous year. Earnings per share for the quarter were 7 cents, well above the expected loss of 16 cents per share.