Roku reports Q3 EPS (6c), consensus (32c)

Reports Q3 revenue $1.06B, consensus $1.02B. The company states: “Platform revenue was $908 million, up 15% YoY. Gross profit was $480 million, up 30% YoY; up 10% YoY excluding Q3 2023 restructuring charges. Streaming Households were 85.5 million, a net increase of 2.0 million from Q2 2024. Streaming Hours were 32.0 billion, up 5.3 billion hours YoY. Average Revenue Per User, ARPU, was $41.10 on a trailing 12-month basis, flat YoY.”