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ROKU-ROKU INC

Roku Reports Strong Q4 2024 Earnings with 22% Revenue Growth and First-Time $1 Billion in Platform Revenue, Boosting Shares Over 14%

Saturday

15 February, 2025

Roku's fourth-quarter results showcase a remarkable 22% revenue growth, hitting $1.201 billion and marking a pivotal moment with over $1 billion in platform revenue. As the streaming landscape evolves, can Roku maintain its momentum amid rising competition and shifting advertising dynamics?

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Key Takeaways
  • Roku experienced a 22% revenue growth, reaching $1.201 billion, alongside a reduced net loss of $35.5 million.
  • The company boasts 89.8 million streaming households and an 82% rise in streaming hours on its platform.
  • Surpassing $1 billion in platform revenue, fueled by political advertising, showcases Roku's competitive advantage.
  • A projected revenue of $1.005 billion for Q1 2025 indicates promising growth prospects for the company.
  • Roku aims for profitability by 2026, enhancing its appeal to investors in the streaming sector.
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