secwatch.observer — SEC 8-K summary
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Issuer:     ROKU, INC (ROKU)
CIK:        0001428439
Form:       8-K
Filed at:   2024-04-25T23:59:59+00:00
Accession:  0001428439-24-000016
Event type: earnings
Sentiment:  positive
Materiality: 0.75
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Roku Q1 revenue $882M (+19% YoY), positive adjusted EBITDA $40.9M, issues Q2 guidance
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- Total net revenue of $882M, up 19% YoY; platform revenue $755M, also up 19%.
- Streaming Households grew to 81.6M (+14% YoY); Streaming Hours 30.8B (+23% YoY).
- Adjusted EBITDA positive for third consecutive quarter at $40.9M; operating loss narrowed to $(72)M.
- Q2 guidance: revenue ~$935M, gross profit ~$410M, adjusted EBITDA ~$30M.
- ARPU flat at $40.65 TTM as international mix grows; Roku Channel is #3 app by reach and engagement.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1428439/000142843924000016/0001428439-24-000016-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1428439/000142843924000016/wk-20240425.htm
  HTML page:      https://secwatch.observer/filing/0001428439-24-000016

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