Roku Surpasses Expectations With Record Revenue and Growing User Base

The streaming platform achieved its first-ever $1 billion quarter in platform revenue and added over 4 million new households, signaling strong growth.

Roku reported Q4 revenue of $1.2 billion, a 22% year-over-year increase, beating Wall Street's $1.15 billion estimate.
The company added 4.3 million households in Q4, bringing its total to 89.8 million, and surpassed 90 million streaming households in early January 2025.
Platform revenue grew 25% year-over-year, driven by strong advertising, including political ad spending, and streaming subscription growth.
Roku narrowed its Q4 net loss to $35.5 million, or $0.24 per share, significantly better than the expected $0.41 per share loss.
The company projects $1.005 billion in Q1 2025 revenue and aims to achieve positive operating income by 2026.

The Hollywood Reporter

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