People pass by a video sign display with the logo for Roku, a Fox-backed video streaming firm, that held it’s IPO at the Nasdaq Marketsite in New York, September 28, 2017.
Brendan McDermid | Reuters
Streaming platform Roku attributed an acceleration in its total revenue growth primarily to growth in advertising as the platform’s monetized video ad impressions more than doubled year-over-year.
Roku shares were up more than 12% in after-hours trading on Wednesday. The company beat estimates, seeing a loss per share of 8 cents on revenue of $250 million. Analysts had expected a loss per share of 22 cents on revenue of $224 million, according to Refinitiv.
The company said its active accounts…