Earnings

Roku earnings Q4 2019

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Anthony Wood

David Orrell | CNBC

Roku reported earnings for its fourth quarter of 2019 Thursday that beat analyst estimates for quarterly revenue and included a lower loss per share than analysts expected.

Shares of Roku rose as much as 9% after hours on the report but later settled around 5%.

Here are the key numbers the company reported:

  • Loss per share: 13 cents reported, vs. 14 cents expected, according to Refinitiv consensus estimate
  • Revenue: $411 million reported, vs. $392 million expected, according to Refinitiv consensus estimate

Roku reported full year 2019 revenue of $1.13 billion, beating analyst estimates of $1.11 billion. The company said in its letter to shareholders that monetized…



Source cnbc.com

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