Earlier this week, I called Roku's (ROKU 3.57%) fourth-quarter report a "potentially game-changing business update." I also highlighted the company's impressive growth prospects as a leading provider of viewing platforms for digital media streams. Picking up Roku shares this week would deliver rich rewards over the next three years and beyond, I suggested.Well, the report is in and Roku suddenly looks even cheaper. The company appears to be humming on every cylinder, but market makers still slashed its stoc ...

Roku's fourth-quarter losses were wider than expected, and analysts are chiming inStreaming stock Roku Inc (NASDAQ:ROKU) is 17% lower before the bell, following the company's mixed fourth-quarter report. Roku reported adjusted losses of 55 cents per share that fell short of expectations, while revenue of $984 million bested estimates. Roku also forecasted a much weaker first-quarter loss, as it faces off with Netflix (NFLX) and Amazon.com (AMZN) for advertising dollars.In response, Oppenheimer downgraded RO ...

Roku Inc (NASDAQ:ROKU) shares are down 15% in pre-market trading after the TV maker warned it would face “difficult” growth rates in 2024, with earnings falling quarter-on-quarter due to weakness in the ad industry. Revenues during the first quarter of 2024 are predicted to fall to US$850 million, the lowest level since the same period in 2023. Underlying profits are set to fall to around the break-even level, marking a sharp switch from the profitability achieved in the last two quarters. In the first thre ...

Roku, Inc. (NASDAQ:ROKU) Q4 2023 Earnings Conference Call February 15, 2024 5:00 PM ET Company Participants Conrad Grodd - Vice President of Investor Relations Anthony Wood - Founder and Chief Executive Officer Dan Jedda - Chief Financial Officer Charlie Collier - President, Roku Media Mustafa Ozgen - President, Devices Conference Call Participants Shyam Patil - Susquehanna International Group Justin Patterson - KeyBanc Shweta Khajuria - Evercore ISI Laura Martin - Needham Vasily Karasyov - Cannonball Resea ...

Roku (ROKU) reported $984.43 million in revenue for the quarter ended December 2023, representing a year-over-year increase of 13.5%. EPS of -$0.55 for the same period compares to -$1.70 a year ago.The reported revenue represents a surprise of +2.58% over the Zacks Consensus Estimate of $959.66 million. With the consensus EPS estimate being -$0.65, the EPS surprise was +15.38%.While investors closely watch year-over-year changes in headline numbers -- revenue and earnings -- and how they compare to Wall Str ...

Roku (ROKU) came out with a quarterly loss of $0.55 per share versus the Zacks Consensus Estimate of a loss of $0.65. This compares to loss of $1.70 per share a year ago. These figures are adjusted for non-recurring items.This quarterly report represents an earnings surprise of 15.38%. A quarter ago, it was expected that this video streaming company would post a loss of $2.16 per share when it actually produced a loss of $2.33, delivering a surprise of -7.87%.Over the last four quarters, the company has sur ...

Roku edged Wall Street expectations for revenue and matched them on the bottom line, also reporting it hit 80 million active accounts by the end of 2023. Revenue in the fourth quarter, which ended December 31, came in at $984.4 million, better than the Street’s consensus estimate of $964.2 million. The loss of 55 cents a share narrowed from the $1.70 recorded in the year-earlier period. In addition to the 80 million active accounts globally, Roku also said 2023 marked its first year with more than 100 bill ...

Roku Inc. topped expectations with its latest results, but shares of the media-streaming company tumbled 15% in Thursday’s extended session. The company reported a fourth-quarter net loss of $78 million, or 55 cents a share, compared with a loss of $237 million, or $1.70 a share, in the year-earlier period. Roku ROKU, +3.57% matched the consensus view on a per-share basis. After adjustments, Roku logged earnings before interest, taxes, depreciation and amortization (Ebitda) of $47.7 million, ahead of th ...

UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 Form 10-K ☒ ANNUAL REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the year ended December 31, 2023 or ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 Commission file number: 001-38211 Roku, Inc. (Exact name of Registrant as specified in its charter) (State or other jurisdiction of incorporation or organization) (Primary standard industrial code number) (I.R.S. ...

Media-streaming technology veteran Roku (ROKU 1.37%) will report holiday-quarter results on Thursday evening. Investors are approaching this event on a high note, as Roku's stock price has increased by 72% over the last year. But the stock also stands 80% below the all-time highs from the summer of 2021, so it's not all rainbows and butterflies.As the streaming wars heat up, Roku finds itself at a critical juncture. This week's results will set the stage for a new era in Roku's story of user growth and glob ...