ROKU - Roku Q3 Earnings Rundown: Revenue Grows 20% Active Accounts Jump Shares Surge | Benzinga
Roku Inc (NASDAQ: ROKU) reported third-quarter financial results Wednesday after the close. Here's a look at the key metrics from the quarter.
Q3 Earnings: Roku said third-quarter revenue increased 20% year-over-year to $912.02 million, which beat the consensus estimate of $855.16 million, according to Benzinga Pro.
The company reported a quarterly loss of $2.33 per share versus a loss of 88 cents in the prior year's quarter. Adjusted EBITDA was $43 million.
Platform revenue was up 18% year-over-year to $787 million. Gross profit was up 3% year-over-year.
Roku said it had 75.8 million active accounts at the end ...