The market anticipates Roku, Inc.'s next quarterly earnings report on Wednesday, April 29th, with a consensus estimate of $0.34 EPS.
Roku's current price stands at $112.18, showing a decrease of $2.2 (-1.92%) from the previous close. Notably, the trading volume is 23.75% above the average, with a trading volume of $801,198.
In the latest quarterly earnings release on Wednesday, February 11th, Roku reported an earnings per share (EPS) of $0.53, surpassing the consensus estimate of $0.28. The company demonstrated robust performance during this period.
KeyBanc recently affirmed an "Overweight" grade for Roku, maintaining its previous assessment, with a hold recommendation.
Roku's financials show a positive trend with a free cash flow of $221.63 million and a net change in cash of $11.58 million. The company ended the period with $1.59 billion in cash.
Roku achieved a revenue of $1.39 billion, with a gross profit of $606.82 million. Noteworthy expenses include research and development expenses of $184.65 million and selling and marketing expenses of $255.33 million.
Key ratios for Roku include a net profit margin of 5.77%, return on equity of 3.03%, and a price-to-earnings ratio of 49.89, indicating the company's financial health and valuation.
Roku boasts total assets of $4.43 billion, with $1.59 billion in cash and cash equivalents. The company holds $730.21 million in short-term investments, contributing to its strong financial position.
This comprehensive overview showcases Roku's current financial status and sets the stage for potential market movements based on upcoming earnings.
Roku, Inc., together with its subsidiaries, operates a TV streaming platform. The company operates in two segments, Platform and Player. Its platform allows users to discover and access various movies and TV episodes, as well as live TV, news sports, shows, and others. As of December 31, 2021, the company had 60.1 million active accounts. It also provides digital and video advertising, content distribution, subscription, and billing services, as well as other commerce transactions, and brand sponsorship and promotions; and manufactures, sells, and licenses smart TVs under the Roku TV name. In addition, the company offers streaming players, and audio products and accessories under the Roku brand name; and sells branded channel buttons on remote controls of streaming devices. It provides its products and services through retailers and distributors, as well as directly to customers through its website in the United States, Canada, the United Kingdom, France, Mexico, Brazil, Chile, Peru, North and South Americas, and Europe. Roku, Inc. was incorporated in 2002 and is headquartered in San Jose, California.