ROKU Earnings Prediction
The chart below shows how ROKU performed 10 days before and after its earnings report, based on data from the past quarters. Typically, ROKU sees a +1.43% change in stock price 10 days leading up to the earnings, and a +3.44% change 10 days following the report. On the earnings day itself, the stock moves by +0.10%. This data can give you a slight idea of what to expect for the next quarter's release.
ROKU Key Earning Data
2024/Q4
Year Over Year
Quarter Over Quarter
Total Revenue
1.06B
16.47%
9.71%
Gross Margin
45.20%
-5.18%
3.03%
Operating Margin
-1.62%
-77.87%
-74.12%
Net Margin
-0.85%
-97.65%
-75.78%
EPS
-0.06
-97.42%
-75.00%
No Data Available
ROKU Earnings Analysis
Roku, Inc. Class A Common Stock Corporation (ROKU.O) Earnings Conference Call
Positive
Strong Q3 Revenue Results: Roku delivered strong results in Q3, achieving over $1 billion in total net revenue.
Leading TV OS Market Share: The Roku OS has been the #1 selling TV OS in the U.S. for more than five years, and it was again the #1 selling TV OS in the U.S., Canada, and Mexico.
Roku Channel Performance: Q3 saw the Roku Channel ranked as the #3 app on our platform by both reach and engagement, with streaming hours up 80% year-over-year.
Platform Revenue Growth: In Q3, platform revenue grew 15% year-over-year to $908 million, driven by both streaming service distribution and advertising activities.
Gross Profit Increase: Gross profit was $480 million, up 30% year-over-year, reflecting a gross margin of 45%, which was up 480 basis points year-over-year.
Negative
Gross Margin Decline: Roku's total gross margin decreased by 250 basis points year-over-year, reflecting challenges in the market.
Negative Device Gross Margin: Device gross margin was negative 8%, down 10 basis points year-over-year, indicating increased costs or pricing pressures.
Operating Expenses Increase: Total operating expenses are expected to grow by 9% year-over-year in Q4, suggesting rising costs that could impact profitability.
Adjusted EBITDA Performance: The adjusted EBITDA for Q3 was $98 million, which, while above expectations, indicates ongoing pressure on margins and costs.
Operating Expenses Outlook: Roku anticipates a slight decline in overall operating expenses for the full year, reflecting a cautious approach to spending amid market challenges.
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ROKU Earning Call Sentiment
Roku, Inc. (ROKU) Q3 2024 Earnings Call Transcript
1.0x
00:00
00:00
ROKU.O
-1.33%Positive
The earnings call reveals strong financial performance with a 16% YoY revenue increase and significant growth in both platform and devices revenue. Positive adjusted EBITDA and cash position further bolster confidence. However, concerns about regulatory changes and supply chain challenges persist. The Q&A section showed optimism, particularly in platform acceleration and advertising initiatives. Despite some management ambiguity, the overall sentiment is positive, driven by strong financials and growth prospects, suggesting a positive stock price movement within the 2% to 8% range over the next two weeks.