Roku (ROKU) Tops Q1 EPS by 8c; Raises Outlook

Roku (NASDAQ: ROKU) reported Q1 EPS of ($0.07), $0.08 better than the analyst estimate of ($0.15). Revenue for the quarter came in at $136.6 million versus the consensus estimate of $127.15 million.

Total net revenue up 36% YoY to $136.6 million; • Platform revenue up 106% YoY to $75.1 million; • Gross profit up 62% YoY to $63.1 million; • Active accounts up 47% YoY to 20.8 million at quarter end; • Streaming Hours up 56% YoY to 5.1 billion hours; • Average Revenue Per User (ARPU) up 50% YoY to $15.07 (trailing 12-month basis); • One in four smart TVs sold in the U.S. were Roku TVs.

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

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