— Roku Inc. (NASDAQ: ROKU) reported its third-quarter 2019 loss of $0.22 per share versus a loss of $0.28 per share expected.
— Revenue jumped by 50% to $260.93 million versus $256.36 million expected. Platform revenue soared by 79% and player revenue climbed by 11%.
— Active accounts grew 36% year-over-year to 32.3 million while streaming hours increased 68% to 10.3 billion. The average revenue per user (ARPU) increased by 30% to $22.58.
— Looking ahead into the fourth quarter, the company expects revenues in the range of $380 million to $396 million and net loss in the range of $22 million to $17 million. The consensus revenue estimates are $386.57 million.
— Gross profit is predicted to be $156 million to $161 million and adjusted EBITDA is projected to be $7 million to $12 million for the fourth quarter.
— For the full year 2019, the company lifted its revenue outlook to the range of $1.098 billion to $1.113 billion from the previous range of $1.07 billion to $1.09 billion.
— Net loss guidance for the full year is narrowed to the range of $66 million to $61 million from the previous range of $71 million to $61 million.
Target Corporation (NYSE: TGT) reported fourth-quarter 2020 financial results before the opening bell today. The department store chain reported Q4 revenue of $28.3 billion, up 21% year-over-year and higher than
Autodesk, Inc. (NASDAQ: ADSK) today reported its fourth quarter financial results for the period ended January 31, 2021. Net income for the fourth quarter was $911.3 million, or $4.10 per
Beyond Meat (NASDAQ: BYND), a specialist in plant-based meat substitutes, Thursday reported a wider loss for the fourth quarter, despite an increase in revenues. The numbers also missed the consensus