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Neil
$24.6M
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@couch_investor
07/29/2022
Roku Earnings Reaction
While its operating system (OS) is still the No. 1 selling smart-TV OS in the United States, the company is feeling the macroeconomic pressure:
Roku reported total net revenue of $764 million, up 18% year over year (YOY), with platform revenue increasing 26% and player revenue decreasing 19%.
Gross profit was up 5% YOY to $355 million, missing the company's own guidance.
Roku's active accounts reached 63.1 million, and streaming hours decreased by 0.2 billion to 20.7 billion hours.
Average revenue per user grew 21% to $44.10.
For the full-year revenue growth rate, management has now withdrawn its estimate.
https://youtu.be/t9CBS-KFbio
$ROKU
YouTube
Roku Stock Earnings We're Bad | Should You Sell?
In this video, I will be going over Roku stock Q2 earnings report.👉 Follow my portfolio on StockCard.io https://bit.ly/3glWHRnA portion of this video is spo...
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Neil
$24.6M
Followers
@couch_investor
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