The company, best known for its devices, has continued to absorb losses from its player business.
added 2.3 million active accounts during the third quarter as total streaming hours rose to 21.9 billion, representing a 21 percent year-over-year increase.
In a letter to shareholders on Wednesday, Roku said the increase in active accounts was primarily driven by TV sales. But the company, best known for its devices, has continued to absorb losses from its player business, with gross margins down by four percentage points year over year due to “elevated” supply chain costs, according to the letter.
During the third quarter, the company brought in $761.4 million in net revenue — a slight decline from Q2’s $764.4 million but a 12 percent year-over-year increase. Total gross profit dropped by two percent compared to the previous year, landing at $356.8 million. For Q4, Roku is estimating it will reach $800 million in revenue and $325 million in gross profit while sustaining $245 million in net losses.
Roku recently poached Fox Entertainment CEO Charlie Collier, who joined Roku in October to oversee ad monetization, content licensing and production as the president of Roku Media.
日本 最新ニュース, 日本 見出し
Similar News:他のニュース ソースから収集した、これに似たニュース記事を読むこともできます。
How Do I Watch the Weird Al Movie?It’s on Roku Channel - but you don’t need a Roku to watch it.
続きを読む »
Roku Shares Fall Sharply Again On Q3 Losses, Ongoing Sluggishness In Ad RevenueRoku saw its user base growth rate rebound and total revenue soar well ahead of Wall Street expectations in the third quarter, but investors nevertheless are hammering the stock due to other, less auspicious trends
続きを読む »
Roku stock plunges as earnings forecast disappointsRoku Inc. shares were plummeting 19% in after-hours trading Wednesday after the streaming company topped expectations with its latest results but gave a...
続きを読む »
Comcast’s big rival to Roku and the smart TV is called… XumoXumo will compete with Roku, Amazon, Apple, and Google.
続きを読む »
Jobless claims, Roku drops, Etsy gains and more: Thursday's 5 things to knowTraders will study a slew of data including another labor-related report in the form of jobless claims, plus trade balance and factory orders.
続きを読む »