Roku Beats but Guides Lower
Roku (ROKU) reported 3rd Quarter September 2021 earnings of $0.48 per share on revenue of $680.0 million. The consensus earnings estimate was $0.06 per share on revenue of $679.3 million. The Earnings Whisper number was $0.15 per share. Revenue grew 50.5% on a year-over-year basis.
The company said in its shareholders letter it expects fourth quarter revenue of $885.0 million to $900.0 million. The current consensus revenue estimate is $953.12 million for the quarter ending December 31, 2021.
Roku pioneered streaming to the TV.
Roku Releases Third Quarter 2021 Financial Results
SAN JOSE, Calif.--(BUSINESS WIRE)--Roku, Inc. (Nasdaq: ROKU) today released third quarter 2021 results. Visit the Roku investor relations website to view the third quarter 2021 letter to shareholders.
The company will host a webcast of its conference call to discuss the results today at 2:00 p.m. Pacific Time. Participants may access the live webcast in listen-only mode on the Roku investor relations website. An archived webcast of the conference call will also be available following the call.
About Roku, Inc.
Roku pioneered streaming to the TV. We connect users to the streaming content they love, enable content publishers to build and monetize large audiences, and provide advertisers with unique capabilities to engage consumers. Roku streaming players and TV-related audio devices are available in the U.S. and in select countries through direct retail sales and licensing arrangements with service operators. Roku TV™ models are available in the U.S. and in select countries through licensing arrangements with TV OEM brands. Roku is headquartered in San Jose, Calif. U.S.A.
Roku is a registered trademark and Roku TV is a trademark of Roku, Inc. in the U.S. and in other countries.
View source version on businesswire.com: https://www.businesswire.com/news/home/20211103005058/en/
Source: Roku, Inc.