Roku (ROKU) reported a 3rd Quarter September 2019 loss of $0.22 per share on revenue of $260.9 million. The consensus estimate was a loss of $0.28 per share on revenue of $243.0 million. The Earnings Whisper number was for a loss of $0.20 per share. Revenue grew 50.5% on a year-over-year basis.
The company said in its shareholders letter said it expects fourth quarter revenue of $380.0 million to $396.0 million. The current consensus revenue estimate is $386.6 million for the quarter ending December 31, 2019.
Roku Releases Third Quarter 2019 Financial Results
LOS GATOS, Calif.--(BUSINESS WIRE)--Roku Inc. (NASDAQ:ROKU) today released third quarter 2019 results. Please visit the Roku investor relations website to view the third quarter 2019 letter to shareholders.
The company will host a webcast of its conference call to discuss the results today at 2:00 p.m. 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 on the Roku website following the call.
About Roku, Inc.
Roku pioneered streaming to the TV. We connect users to the streaming content they love, enable content publishers to build and monetize large audiences, and provide advertisers with unique capabilities to engage consumers. Roku TV™ models and Roku streaming players are available around the world through direct retail sales and licensing arrangements with TV OEMs and service operators. Roku audio products are available in the U.S. through direct retail sales. Roku is headquartered in Los Gatos, 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.
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Source: Roku Inc.