Roku Provides Estimated Q1 Results
Roku, Inc. - Class A (ROKU)
Last roku, inc. - class a earnings: 2/13 04:03 pm
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US:NASDAQ Investor Relations:
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Source: Business Wire
2020 Outlook Withdrawn due to COVID-19 Uncertainty LOS GATOS, Calif.--(BUSINESS WIRE)--Roku, Inc. (NASDAQ: ROKU) today announced that due to the broader business and economic uncertainties arising from the COVID-19 pandemic, it is providing its shareholders with a brief update regarding certain estimated operating metrics and financial results for the first quarter 2020, and discussing certain business trends, in advance of its May 7 earnings call. The company also withdrew its full-year 2020 financial outlook due to economic uncertainties arising from the COVID-19 pandemic.Roku estimates 39.8 million Active Accounts as of March 31, 2020, a net increase of nearly 3 million since December 31, 2019. Roku also expects first quarter Streaming Hours will be 13.2 billion, a 49% year-over-year increase. In early Q1, Roku completed the rollout of its “Are you still watching” feature which exits video playback after long periods of user inactivity. As previously noted, the roll out of this
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- Roku, Inc. (NASDAQ: ROKU) had its price target lowered by analysts at Wedbush from $120.00 to $80.00. They now have an "outperform" rating on the stock.MarketBeat
- Roku (ROKU) Rises As Market Takes a Dip: Key Facts [Yahoo! Finance]Yahoo! Finance
ROKU
Earnings
- 2/15/24 - Beat
ROKU
Sec Filings
- 4/10/24 - Form SC
- 4/3/24 - Form 4
- 4/3/24 - Form 4
- ROKU's page on the SEC website