Roku Q1 2022 revenue $734M (+28% YoY), operating loss $23.5M; Q2 rev guidance $805M

ROKU, INC

2022-Q1 EPS reported -$0.19 revenue$733,699,000

Total net revenue $734M, up 28% YoY; platform revenue $647M, up 39% YoY.
Income from operations -$23.5M vs +$75.8M a year ago; adjusted EBITDA $57.6M, down 54%.
Active Accounts 61.3M (+1.1M QoQ); Streaming Hours 20.9B; ARPU $42.91 (+34% YoY).
Q2 2022 outlook: net revenue ~$805M, gross profit ~$395M, net loss ~$109M, adj. EBITDA breakeven.
Full-year 2022 revenue growth still expected at 35% YoY.

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