Roku (ROKU) Reports In-Line Q1 EPS

Roku (NASDAQ: ROKU) reported Q1 EPS of ($0.45), in-line with the analyst estimate of ($0.45). Revenue for the quarter came in at $321 million versus the consensus estimate of $306.72 million.

• Total net revenue grew 55% YoY to $321 million;

• Platform revenue increased 73% YoY to $233 million;

• Gross profit was up 40% YoY to $141 million; • Roku added 2.9 million incremental active accounts in Q1 2020 to reach 39.8 million;

• Streaming hours increased by 1.6 billion hours over last quarter to a record 13.2 billion;

• Average Revenue Per User (ARPU) of $24.35 (trailing 12-month basis), up 28% YoY.

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

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