Roku Q3 revenue $912M (+20% YoY); positive Adjusted EBITDA $43M; active accounts up 2.3M

ROKU, INC

2023-Q3 EPS reported -$4.47 revenue$2,500,194,000

Revenue $912M (+20% YoY); platform rev $787M (+18%); gross profit $369M (+3%, +22% ex-restructuring).
Active accounts 75.8M (+2.3M QoQ); streaming hours 26.7B (+4.9B YoY); ARPU $41.03 (-7% YoY).
Adjusted EBITDA of $43M positive; Q4 guidance: revenue ~$955M, gross profit ~$405M, Adj. EBITDA $10M.
Incurred $62M restructuring charge for content removal; platform gross margin ex-restructuring 56%.

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 0.95

ROKU, INC reported the quarter ended September 30, 2023 results: revenue $912 million.

Period: the quarter ended September 30, 2023
Revenue: $912 million
Result: reported results

Exact text from the filing

improvements after that. We will balance this commitment with investments to further expand our scale, engagement, and monetization. Q3 2023 Key Results • Total net revenue was $912 million, up 20% year over year (YoY) • Platform revenue was $787 million, up 18% YoY • Gross profit was $369 million, up 3% YoY; up 22% YoY excluding restructuring charges 1 • Active

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Source: SEC EDGAR

accession 0001428439-23-000037

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