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 metrics from Shopify’s (SHOP) Q1 2024 earnings results
Shopify Inc. (NYSE: SHOP) reported first quarter 2024 earnings results today. Revenue increased 23% to $1.9 billion compared to the prior-year period. Gross Merchandise Volume (GMV) increased 23% year-over-year to
EA Earnings: Electronic Arts reports lower revenues for Q4 2024
Video game publisher Electronic Arts (NASDAQ: EA) Tuesday reported a decline in revenues for the fourth quarter of 2024. Meanwhile, the top line came in slightly above analysts' estimates. Fourth-quarter
What to look for when Home Depot (HD) reports Q1 2024 earnings
Shares of The Home Depot (NYSE: HD) stayed red on Tuesday. The stock has gained 17% over the past 12 months. The home improvement retailer is scheduled to report its
