Roku (ROKU) shares down 16% after FQ4 earnings, Oppenheimer downgrades
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Roku (ROKU) Surpasses 80M Accounts
February 15, 2024 4:08 PM ESTRoku, Inc. (NASDAQ: ROKU) has more than 80 million active accounts and counting, a major marker of the companys growth and scale as consumers continue to move to TV streaming. Viewer engagement on Roku is also at a record highfor the first time, more than 100 billion hours were streamed on the platform in 2023, averaging a record of 4.1 hours per day per account in Q4. Additionally, in the U.S., Rokus active account base is now bigger than the subscribers of the six largest traditional pay-TV providers* combined.
As the leading... More
Roku (ROKU) Tops Q4 EPS by 2c
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
