Roku Releases Fourth Quarter and Fiscal Year 2023 Financial Results
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February 15, 2024 4:15 PM EST
Roku, Inc. (NASDAQ: ROKU) reported its fourth-quarter earnings, slightly surpassing analyst expectations for revenue but still posting a loss per share.
The company's Q4 revenue reached $984.4 million, exceeding the consensus estimate of $965.85 million. However, the adjusted earnings per share (EPS) showed a loss of ($0.55), which was marginally better than the analyst estimate of a ($0.57) loss.
Despite the earnings beat, Roku's stock price plummeted by 16% in premarket trading Friday.
For the full year 2023, Roku achieved several milestones, including surpassing 100 billion streaming hours and ending the year with... More
February 15, 2024 4:04 PM EST
(Updated - February 15, 2024 4:10 PM EST)
Roku (NASDAQ: ROKU) reported Q4 EPS of ($0.55), $0.02 better than the analyst estimate of ($0.57). Revenue for the quarter came in at $984.4 million versus the consensus estimate of $965.85 million.
Sees Q1 revenue of $850 million, higher than the consensus of... More
