ROKU - Roku Q4 Earnings Highlights: Revenue Beat EPS Beat Q1 Guidance 80 Million Active Accounts | Benzinga
Streaming platform and hardware company Roku Inc (NASDAQ:ROKU) reported fourth-quarter financial results after the market close Thursday.
Here are the key highlights.
What Happened: Roku reported fourth-quarter revenue of $984.42 million, which was up 14% year-over-year. The revenue came in ahead of a Street consensus estimate of $966.3 million, according to data from Benzinga Pro.
The company reported a loss of 55 cents per share, beating a Street estimate of a loss of 57 cents per share.
Platform revenue was $828.9 million in the quarter, which was up 13% year-over-year. Devices revenue was $155.6 million in the quarter, which was up 15% year-over-year.
Roku ended the fourth quarter with 80 million active accounts, up 14% year-over-year. The company added 4.2 million net accounts in the quarter. Average revenue per user was $39.92 in the fourth quarter, down 4% ...