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3 Reasons Why Roku's Good Quarter Wasn't Good Enough
ROKURoku(ROKU) The Motley Fool·2024-02-19 11:10

By most measures, it was a good fourth quarter. Roku's (ROKU -23.81%) revenue grew 14% year over year to 984.4millionduringtheperiod,toppinganalystsconsensusestimateof984.4 million during the period, topping analysts' consensus estimate of 968.2 million and setting a company record. A record-breaking 80 million people used a Roku device in Q4, and the total amount of video people watched using Roku devices hit a new high too. And, after culling its operating expenses, the company's adjusted EBITDA further improved after swinging back into positive territory just a q ...