Summary
Roku Beats
Roku (ROKU) reported a 1st Quarter March 2023 loss of $1.38 per share on revenue of $741.0 million. The consensus estimate was a loss of $1.44 per share on revenue of $707.3 million. The Earnings Whisper number was for a loss of $1.42 per share. Revenue grew 1.0% on a year-over-year basis.
The company said in its shareholders letter it expects second quarter revenue of approximately $770.0 million. The current consensus revenue estimate is $769.00 million for the quarter ending June 30, 2023.
Roku pioneered streaming to the TV.
Results
Reported Earnings
($1.38)
Earnings Whisper
($1.42)
Consensus Estimate
($1.44)
Reported Revenue
$741.0 Mil
Revenue Estimate
$707.3 Mil
Growth
Earnings Growth
Revenue Growth
Earnings Release
Roku Releases First Quarter 2023 Financial Results
SAN JOSE, Calif.--(BUSINESS WIRE)--Today, Roku, Inc. (NASDAQ: ROKU) released first quarter 2023 results. Visit the Roku investor relations website to view the first quarter 2023 letter to shareholders.
The company will host a webcast of its conference call to discuss the results today at 2:00 PM Pacific Time. Participants may access the live webcast in listen-only mode on the Roku investor relations website. An archived webcast of the conference call will also be available following the call.
About Roku, Inc.
Roku pioneered streaming on TV. We connect users to the content they love, enable content publishers to build and monetize large audiences, and provide advertisers with unique capabilities to engage consumers. Roku TV™ models, Roku streaming players, and TV-related audio devices are available in various countries around the world through direct retail sales and/or licensing arrangements with TV OEM brands. Roku-branded TVs and Roku Smart Home products are sold exclusively in the United States. Roku also operates The Roku Channel, the home of free and premium entertainment with exclusive access to Roku Originals. The Roku Channel is available in the United States, Canada, Mexico, and the United Kingdom. Roku is headquartered in San Jose, Calif., U.S.A.
Roku is a registered trademark, and Roku TV is a trademark of Roku, Inc. in the U.S. and in other countries.
View source version on businesswire.com: https://www.businesswire.com/news/home/20230426005673/en/
Media
Stephanie Tackach
stackach@roku.com
Investor Relations
Conrad Grodd
cgrodd@roku.com
Source: Roku, Inc.
