Roku Q2 revenue up 11% to $847M; operating loss widens; Q3 rev guidance $815M

ROKU, INC

2023-Q2 EPS reported -$2.14 revenue$1,588,176,000

Total net revenue $847M (+11% YoY); Platform revenue $744M (+11% YoY).
Active Accounts 73.5M (+1.9M QoQ); Streaming Hours 25.1B (+21% YoY).
Loss from operations widened to $126.0M from $110.5M a year ago.
Adjusted EBITDA loss of $17.8M; Q3 guidance: rev $815M, gross profit $355M, Adj. EBITDA ($50M).
ARPU declined 7% YoY to $40.67; The Roku Channel streaming hours grew >50% YoY.

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 the quarter ended June 30, 2023 results: revenue $847 million.

Period: the quarter ended June 30, 2023
Revenue: $847 million
Result: reported results

Exact text from the filing

Q2 2023 Key Results • Total net revenue was $847 million, up 11% year over year (YoY)

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Source: SEC EDGAR

accession 0001428439-23-000024

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