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Shares of Roku (NASDAQ:ROKU) decreased 1.1% in after-market trading after the company reported Q4 results. Quarterly Results Earnings per share were up 476.92% over the past year to $0.49, which beat the estimate of
Shares of Roku (NASDAQ:ROKU) decreased 1.1% in after-market trading after the company reported Q4 results.
Quarterly Results
Earnings per share were up 476.92% over the past year to $0.49, which beat the estimate of ($0.05).
Revenue of $649,886,000 higher by 58.03% year over year, which beat the estimate of $617,700,000.
Outlook
Roku Sees Q1 Sales ~$485M vs $463M Estimate, Gross Profit $238M, Adj. EBITDA $31M
Conference Call Details
Date: Feb 18, 2021
Time: 05:00 PM
ET Webcast URL: https://edge.media-server.com/mmc/p/ujijs2nr
Price Action
Company's 52-week high was at $486.72
52-week low: $58.22
Price action over last quarter: Up 78.42%
Company Overview
Roku is the leading streaming platform in the U.S. by hours watched with over 40 billion hours of content streamed in 2019. The firm's eponymous operating system is used not only in Roku's own hardware but in co-branded TVs and soundbars from manufacturers like TCL, Onn, and Hisense. Roku generates revenue from advertising, distribution fees, hardware sales, OS licensing, and subscription sales.
Crypto Whales Are Loading Up — Are You?
New research shows the biggest crypto buyers are back. And this time? They could hold for the possibility that Bitcoin will surpass $100,000 in 2024. You don’t want to miss the next massive crypto bull run like we saw in 2020 and 2021. To know exactly what’s going on and what to buy… Get Access To Benzinga’s Best Crypto Research and Investments For Only $1.
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