Roku(ROKU) ZACKS·2025-02-13 23:30Core Insights - Roku reported revenue of $1.2 billion for the quarter ended December 2024, marking a 22% increase year-over-year and exceeding the Zacks Consensus Estimate of $1.15 billion by 4.48% [1] - The company's EPS was -$0.24, an improvement from -$0.55 in the same quarter last year, resulting in an EPS surprise of 45.46% against the consensus estimate of -$0.44 [1] Financial Performance Metrics - Active Accounts: Roku had 89.8 million streaming households, surpassing the average estimate of 89.18 million [4] - Average Revenue Per User (ARPU): The ARPU was $41.49, exceeding the average estimate of $40.68 [4] - Streaming Hours: Total streaming hours were 34.1 billion, slightly below the average estimate of 34.48 billion [4] - Net Revenue from Platform: The net revenue from the platform was $1.04 billion, significantly higher than the average estimate of $950.58 million, reflecting a year-over-year increase of 24.9% [4] - Net Revenue from Devices: Revenue from devices was $165.71 million, lower than the average estimate of $194.94 million, but showed a 6.5% increase year-over-year [4] - Gross Profit from Platform: Gross profit from the platform was $559.93 million, exceeding the average estimate of $500.75 million [4] - Gross Profit from Devices: The gross profit from devices was -$47.35 million, worse than the average estimate of -$32.81 million [4] Stock Performance - Roku's shares have returned +10.8% over the past month, outperforming the Zacks S&P 500 composite's +3.9% change, and the stock currently holds a Zacks Rank 2 (Buy) [3]