Categories AlphaGraphs, Earnings, Leisure & Entertainment
Infographic: Roku Q2 2023 loss narrows on higher revenues
Roku, Inc. (NASDAQ: ROKU) reported a net loss for the second quarter of 2023 when the media streaming platform’s revenues increased by 11%.
The company reported total revenues of $847 million for the three months ended June 2023, which is up 11% from the year-ago period. The number of active accounts increased to 73.5 million.
Roku incurred a net loss of $107.6 million or $0.76 per share in the second quarter, which marked an improvement from the prior-year period when the company reported a loss of $112.3 million or $0.82 per share.
“Roku is growing viewers and hours, while traditional pay TV continues to erode. Our unrelenting focus to build a best-in-class consumer experience that is simple and delightful is driving engagement,” said Anthony Wood, CEO of Roku.
Prior Performance
Looking for more insights on the earnings results? Click here to access the full transcripts of the latest earnings conference calls!
Most Popular
Key highlights from Deere & Co.’s (DE) Q4 2024 earnings results
Deere & Company (NYSE: DE) reported its fourth quarter 2024 earnings results today. Worldwide net sales and revenues decreased 28% year-over-year to $11.14 billion. Net income was $1.24 billion, or
NVDA Earnings: Nvidia Q3 profit jumps, beats estimates
NVIDIA Corporation (NASDAQ: NVDA) on Wednesday reported a sharp increase in adjusted profit and revenue for the third quarter of 2025. Earnings also topped analysts' estimates. The tech firm’s revenues
Lowe’s Companies (LOW): A few points to note about the Q3 2024 performance
Shares of Lowe’s Companies, Inc. (NYSE: LOW) rose over 1% on Wednesday. The stock has gained 8% over the past three months. The company delivered better-than-expected earnings results for the
