=Roku (ROKU) reported earnings on Thur 21 Feb 2019 (a/h)

Roku beats by $0.01, beats on revs; guides Q1 revs in-line; guides FY19 revs above consensus 

• Reports Q4 (Dec) earnings of $0.05 per share, excluding non-recurring items, $0.01 better than the S&P Capital IQ Consensus of $0.04; revenues rose 46.4% year/year to $275.7 mln vs the $262.03 mln S&P Capital IQ Consensus.
  • Active Accounts 27.1 mln (+40% y/y)
  • Streaming Hours 7.3 bln (+69% y/y)
  • ARPU $17.95 (+30% y/y)
• Co issues in-line guidance for Q1, sees Q1 revs of $185-190 mln vs. $188.75 mln S&P Capital IQ Consensus. Total Gross Profit $86-90 mln; Net Loss ($32 mln)-($28 mln); Adjusted EBITDA ($12 mln)-($8 mln)
• Co issues upside guidance for FY19, sees FY19 revs of $1.000-1.025 bln vs. $981.67 mln S&P Capital IQ Consensus; Total Gross Profit $445-460 mln; Net Loss ($90 mln)-($80 mln); Adjusted EBITDA ($5 mln)- +$5 mln