Categories AlphaGraphs, Earnings, Technology

Infographic: Highlights of Roku’s Q2 2022 earnings report

Roku’s stock (NASDAQ: ROKU) suffered a big fall this week after the streaming platform reported a net loss for the second quarter of 2022, compared to a profit last year, hurt by continued weakness in ad spending.

Roku Q2 2022 earnings infographic

The company reported total revenues of $764.4 million for the three-month period, which is up 18% from the year-ago period. The number of active users increased 14% to 63.1 million. At $44.10, the average revenue per user was up 21%.

Roku reported a net loss of $112.3 million or $0.82 per share for the June quarter, which marked a deterioration from the prior-year period when the company reported a net profit of $73.5 million or $0.52 per share.


Check this space to read management/analysts’ comments on Roku’s Q2 2022 earnings


“We are in an economic environment defined by recessionary fears, inflationary pressures, rising interest rates, and ongoing supply chain disruptions. For the second half of the year, we are forecasting that advertising spend, particularly in the scatter market, will continue to be negatively impacted. We also believe that consumer discretionary spend will continue to moderate, pressuring both Roku TV and Roku player sales,” said Anthony Wood, CEO of Roku.

Prior Performance

  • Roku Q2 2021 earnings infographic

_________________________________________________________________________________________________________________

Stocks you may like:

Apple (AAPL) Stock

Microsoft (MSFT) Stock

Alphabet (GOOGL) Stock

International Business Machines Corp. (IBM) Stock

_________________________________________________________________________________________________________________

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

Add Comment
Loading...
Cancel
Viewing Highlight
Loading...
Highlight
Close
Top