ROKU is set to announce its latest quarterly earnings on Wednesday, April 29th, with a consensus estimate EPS of $0.34.
In today's trading session, Roku, Inc. (ROKU) saw a price of $111.37, a decrease of $3.01 (-2.63%) from the previous close. Trading volume stood at $510,965, representing a 15.15% deviation from the average volume.
The company's latest quarterly earnings, reported on February 11th, showed an earnings per share of $0.53, surpassing the consensus estimate of $0.28.
KeyBanc recently maintained ROKU's "Overweight" rating, with the stock price at $114.96. The previous and current grades remain consistent.
ROKU reported a free cash flow of $221.63 million, with a net change in cash of $11.58 million, ending the period with $1.59 billion in cash.
The company generated revenue of $1.39 billion, with a gross profit of $606.82 million. Operating income stood at $65.97 million, resulting in a net income of $80.48 million.
Key financial metrics include a net profit margin of 5.77%, return on assets at 1.82%, and a price-to-earnings ratio of 49.89.
ROKU's total assets amount to $4.43 billion, with total liabilities at $1.78 billion, reflecting a strong financial position.
This comprehensive overview provides insights into ROKU's financial performance and sets the stage for the upcoming earnings announcement.
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.