Roku Releases First Quarter 2018 Financial Results

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Roku (ROKU) Progress Accelerating - Needham & Company

May 10, 2018 7:29 AM EDT

Needham & Company analyst Laura Martin reiterated a Buy rating and $50 price target on Roku Inc. (NASDAQ: ROKU) following the company's beat-and-raise quarter.

Martin commented, "ROKU over-delivered its guidance (again) with 1Q18 revenue of $136.6.2mm (up 36% and 8% above our estimate) and Adjusted... More

Roku (ROKU) Tops Q1 EPS by 8c; Raises Outlook

May 9, 2018 4:07 PM EDT

Roku (NASDAQ: ROKU) reported Q1 EPS of ($0.07), $0.08 better than the analyst estimate of ($0.15). Revenue for the quarter came in at $136.6 million versus the consensus estimate of $127.15 million.

Total net revenue up 36% YoY to $136.6 million; Platform revenue up 106% YoY to $75.1 million; Gross profit up 62% YoY to... More