Roku Q4 2023 earnings results beat revenue expectations on larger than expected loss

Roku beat revenue expectations but lost more than expected when it comes to earnings per share.

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Roku reported its Q4 2023 earnings results today, beating revenue expectations but suffering larger than expected losses for earnings per share. It’s a mixed bag of results for the company.

An after hours stock chart for Roku on February 15, 2024

Roku reported $984.4 million in revenue against expectations of $968 million. In terms of earnings per share, Roku reported a loss of $0.55 per share against expectations that they would lose $0.52 per share. These numbers confirm that Roku lost more per share than was expected.

Roku had this to say in its earnings report:

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Bill, who is also known as Rumpo, is a lifelong gamer and Toronto Maple Leafs fan. He made his mark early in his career through guide writing and a deep understanding of editorial SEO. He enjoys putting in the work to create a great content, be it a wild feature or grinding out an in-depth collectible guide. Tweet him @RumpoPlays if you have a question or comment about one of his articles.

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