Roku (ROKU) Reports Q3 Loss Per Share of 10c, Revenue Beats

Roku (NASDAQ: ROKU) reported Q3 EPS of ($0.10), $1.30 better than the analyst estimate of ($1.40). Revenue for the quarter came in at $124.8 million versus the consensus estimate of $110.47 million.

• A few Q3 2017 summary highlights:
• Total net revenue increased 40% YoY to $124.8 million driven by platform revenue growth of 137% YoY to $57.5 million;
• Gross Profit grew 92% YoY to $49.9 million;
• Active Accounts increased 48% YoY to 16.7 million at quarter end;
• Streaming Hours grew 58% YoY to 3.8 billion hours;
• Average Revenue Per User (ARPU) grew 37% YoY to $12.68 (trailing twelve-month basis);

GUIDANCE:

Roku sees Q4 2017 revenue of $175-190 million, versus the consensus of $177.12 million.

For earnings history and earnings-related data on Roku (ROKU) click here.

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