Roku (ROKU.US) beats Q1 revenue and profit expectations, raises full-year guidance, driving stock price up after hours
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The report shows that, thanks to a significant recovery in the advertising market and ongoing optimization of platform operational efficiency, Roku achieved a key performance turning point this quarter. The company recorded total revenue of $1.25 billion for the quarter, a substantial increase of 22.4% compared to the same period last year, exceeding the market’s previous forecast of $1.20 billion. In terms of profitability, Roku successfully emerged from last year’s loss, achieving net profit attributable to common shareholders of $85.7 million; diluted earnings per share (EPS) reached $0.57, higher than the analyst expectation range of $0.33 to $0.35.
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