Streaming platform company Roku Inc. reported fourth quarter and full fiscal year financial results after market close Thursday.
What Happened
Roku reported fourth-quarter revenue of $865.3 million, up 33 percent year-over-year. The total missed a consensus estimate of $894 million, according to Benzinga Pro. Earnings of 17 cents per share beat the estimates by 10 cents.The company reported platform revenue of $703.6 million, up 49 percent year-over-year. Player revenue was $161.7 million in the fourth quarter.
