Roku is poised for a turnaround, with free cash flow expected to nearly double by 2025, attracting institutional investors. The stock is currently priced at 35x forward free cash flow and operates debt-free, making it an attractive investment. Roku's ad business is set to grow faster than 2024, and expanding retail reach should boost user growth and revenue.
On Thursday, Ark Invest, led by Cathie Wood, sold a chunk of its Robinhood shares. The sales come after the company posted strong earnings for the fourth quarter.
Roku, Inc. (NASDAQ:ROKU ) Q4 2024 Earnings Conference Call February 13, 2025 5:00 PM ET Company Participants Conrad Grodd - Vice President, Investor Relations Anthony Wood - Founder, Chairman and Chief Executive Officer Dan Jedda - Chief Financial Officer Charlie Collier - President, Roku Media Mustafa Ozgen - President Devices Conference Call Participants Shyam Patil - Susquehanna Michael Morris - Guggenheim Securities Laura Martin - Needham Jason Helfstein - Oppenheimer Matt Condon - Citizens JMP Ralph Schackart - William Blair Steven Cahall - Wells Fargo Cameron McVeigh - Morgan Stanley Rich Greenfield - LightShed Partners Alan Gould - Loop Capital Barton Crockett - Rosenblatt Operator Good day, and thank you for standing by. Welcome to the Roku Fourth Quarter 2024 Earnings Conference Call.
Although the revenue and EPS for Roku (ROKU) give a sense of how its business performed in the quarter ended December 2024, it might be worth considering how some key metrics compare with Wall Street estimates and the year-ago numbers.
Roku (ROKU) came out with a quarterly loss of $0.24 per share versus the Zacks Consensus Estimate of a loss of $0.44. This compares to loss of $0.55 per share a year ago.
Mark Mahaney, Evercore ISI Head of Internet Research, joins 'Closing Bell Overtime' to talk Airbnb and Roku earnings.
Here's our initial take on Roku's (ROKU 2.38%) fourth-quarter financial report.
Roku (ROKU 2.38%), the leading streaming platform, recently released its Q4 2024 earnings on February 13, 2025. The results showcased strong performance, particularly in platform revenue, which exceeded analyst estimates and management's guidance.
Roku's stock soars more than 15% on upbeat outlook based on ”clear and accurate” data rather than ”conservatism.”
Roku delivered a strong set of fourth-quarter results, including crossing the $1 billion threshold in platform revenue. The streaming giant also reached just shy of 90 million streaming households and drew 34.1 billion streaming hours in 2024, with both stats up double digits from the same period a year earlier. Total revenue of $1.
Roku topped Wall Street estimates for fourth-quarter revenue on Thursday, driven by robust subscriber growth and strong advertising sales.
You know Roku (ROKU 2.45%) as a leading provider of media-streaming software and devices in North America. It has been the top seller of smart TV operating systems in the U.S. for the past five years, and also leads the pack in Canada and Mexico.