Roku

CFRA, an independent research provider, has provided MT Newswires with the following research alert. Analysts at CFRA have summarized their opinion as follows: ROKU benefits on the pivot to video streaming from pay TV. The bull case scenario seems to be a low threshold of just reaching positive EBITDA in 2024. Assuming a high risk premium, we keep our target price at $75 on a forward P/S of 2.48x vs. media peers’ 2.0x average. We narrow our LPS in 2023 by $1.30 to -$3.50 and reduce 2024’s by $0.40 to -$2.40. ROKU posted a normalized loss of -$0.33 (GAAP loss of -$2.33) in Q3 2023 and adj. EBITDA was +43.4M, with guidance of +$10.0M in Q4 2023, which ROKU is steadfast on reaching positive EBITDA for the full year 2024. We forecast total revenue of $3.44B in 2023 and $3.82B in 2024. Platform unit realized 18% Y/Y revenue growth (86% […]

Roku Reports Active Accounts in Q3 of 75.8 Million Vs Visible Alpha Analyst Consensus of 75.1 Million; Streaming Hours at 26.7 Billion Vs Consensus of 25.9 Billion.

Roku Guides For Q4 Revenue of $955 Million, Vs CIQ Analyst Consensus of $951 Million.

Roku (NASDAQ:ROKU) net income for the fourth quarter of 2022 was $867.1 million, versus analyst expectations of $804.5 million

Roku, Inc. (NASDAQ:ROKU) Equities researchers at William Blair lowered their Q1 2023 earnings estimates for shares of Roku in a report issued on Wednesday, January 4th. William Blair analyst R. Schackart now forecasts that the company will post EPS of $1.59 for the quarter, down from their previous forecast of ($1.55). The consensus estimate for Roku’s current full-year earnings is $3.66.