secwatch.observer — SEC 8-K summary
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Issuer:     ROKU, INC (ROKU)
CIK:        0001428439
Form:       8-K
Filed at:   2023-04-26T23:59:59+00:00
Accession:  0001428439-23-000013
Event type: earnings
Sentiment:  negative
Materiality: 0.75
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Roku Q1 revenue $741M (+1% YoY); operating loss widens to $212.5M; CFO Dan Jedda hired
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- Total revenue $741M (+1% YoY); Platform revenue $635M (-1%); Gross profit $338M (-7%).
- Active Accounts 71.6M (+1.6M QoQ); Streaming Hours 25.1B (+20% YoY); ARPU $40.67 (-5% YoY).
- Operating loss $212.5M (vs. $23.5M loss in Q1 22); Adj. EBITDA -$69.1M (vs. +$57.6M).
- Q2 guidance: revenue ~$770M, gross profit ~$335M, Adj. EBITDA -$75M; targets positive Adj. EBITDA for FY 2024.
- Dan Jedda named CFO effective May 1; Steve Louden transitions to executive advisor through August 2023.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1428439/000142843923000013/0001428439-23-000013-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1428439/000142843923000013/wk-20230426.htm
  HTML page:      https://secwatch.observer/filing/0001428439-23-000013

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer