Forecast of the Day: Roku’s Revenues

by Trefis Team
+63.23%
Upside
276
Market
450
Trefis
ROKU
Roku
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Roku’s (NASDAQ: ROKU) revenues rose 73% as it swung to an operating profit. It also beat analyst estimates on both top and bottom lines. Roku added 2.9M incremental active accounts to reach 46M subscribers. Streaming hours rose by 0.2B hours to 14.8B. The average revenue per user (ARPU) grew 20% on a trailing 12-month basis to $27.

 

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