Roku Q3 revenue $761M (+12% YoY); operating loss $147M; weak Q4 guide

ROKU, INC

2022-Q3 EPS reported -$1.90 revenue$2,259,478,000

Added 2.3M active accounts to reach 65.4M; streaming hours 21.9B (+21% YoY).
Platform revenue $670M (+15% YoY); total gross profit $357M (-2% YoY).
Q4 outlook: revenue ~$800M (down YoY); adjusted EBITDA -$135M.
CFO Steve Louden plans to leave in 2023 after recruiting successor.
Ad market weakness continues; expect scatter declines into next year.

item 2.02 item 9.01

Key facts

Extracted from this filing and checked against the source text.

Earnings Releases SEC 8-K Item 2.02 confidence 0.9

ROKU, INC reported Q4 2022E results: revenue $800, net income $(245). Guidance initiated.

Period: Q4 2022E
Revenue: $800
Net income: $(245)
Guidance: initiated
Result: guidance update

Exact text from the filing

Outlook ($ in millions) Q4 2022E A Refer to the reconciliation of net income (loss) to adjusted EBITDA in the non-GAAP information in an appendix to this letter. Total net revenue $800 Total gross profit $325 B Q4 2022E reconciling items between net income (loss) and non-GAAP adjusted EBITDA consist of stock-based compensation of approximately $105 million, depreciation and amortization and other net adjustments of approximately $5 million. Net income (loss) $(245) Adjusted EBITDA B $(135)

View on SEC.gov

Earnings Releases SEC 8-K Item 2.02 confidence 0.9

ROKU, INC reported the quarter ended September 30, 2022 results: revenue $761.4 million.

Period: the quarter ended September 30, 2022
Revenue: $761.4 million
Result: reported results

Exact text from the filing

with the continued consumer shift to TV streaming, positions us well for when the ad market improves. Q3 2022 Key Results • Total net revenue grew 12% YoY (year over year) to $761 million • Platform revenue increased 15% YoY to $670 million • Gross profit was down 2% YoY to $357 million • Roku added 2.3 million incremental Active Accounts in Q3 2022 to reach 65.4

View on SEC.gov

Browse all earnings releases →

ROKU, INC filing history →

Source: SEC EDGAR

accession 0001428439-22-000032

view filing index on sec.gov

view primary document

Machine-readable: JSON · Markdown · Plain text

This headline and bullets were generated automatically by deepseek-v4-flash:cloud@v2 from the public filing. Read the source on SEC.gov before relying on any specific claim. Not investment advice. See methodology for how this pipeline works.