Roku Q4 revenue flat at $867M, operating loss $250M; guides Q1 rev ~$700M

ROKU, INC

2022-FY EPS reported -$3.62 revenue$3,126,534,000

Q4 total net revenue $867.1M (flat YoY); Platform revenue $731.3M (+5%), Devices revenue $135.8M (-18%).
Q4 gross profit $364.4M (-4%); operating loss $249.9M vs $21.4M income a year ago.
Full-year 2022 revenue $3.1B (+13%); Platform revenue $2.7B (+20%); gross profit $1.4B (+2%).
Active Accounts 70M (+16% YoY); ARPU $41.68 (+2%); Streaming Hours 87.4B (+23%).
Q1 2023 outlook: rev ~$700M, gross profit ~$310M, adj. EBITDA -$110M; targeting positive adj. EBITDA for FY2024.

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 0.8

ROKU, INC reported financial results for the quarter and year ended December 31, 2022.

Period: the quarter and year ended December 31, 2022
Result: reported results

Exact text from the filing

On February 15, 2023, Roku, Inc. (the “Company”) announced its financial results for the quarter and year ended December 31, 2022.

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Source: SEC EDGAR

accession 0001428439-23-000003

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