$ROKU (+1.51%)

- Revenue: $1.02B, +16% YoY

- Platform revenue: $881M, +17% YoY

- Net loss: $(27.4)M vs $(50.9)M YoY

CEO Anthony Wood: "We continue to enhance the Roku Experience to improve content discovery, increasing engagement, ad reach, and subscriptions."

🌱Revenue & Growth

- Total net revenue: $1.02B, +16% YoY

- Platform revenue: $881M, +17% YoY

- Devices revenue: $140M, +11% YoY

- Streaming Hours: 35.8B, +5.1B YoY

- Roku Channel engagement: #2 in U.S., Streaming Hours +84% YoY

💰Profits & Health

- Gross profit: $445M, +15% YoY

- Adjusted EBITDA: $56M, +37% YoY

- Free Cash Flow (TTM): $298M, -30% YoY

- Operating loss: $(57.7)M vs $(72.0)M YoY

- Gross margin: 43.6% vs 44.1% YoY

- Cash & equivalents: $2.26B

📌Business Highlights

- Acquired Frndly TV to expand Roku-billed subscriptions

- Roku Channel: Shoppable ads launched (e.g. "Roku Recipes" with Walmart)

- Apple TV+ partnered on exclusive campaign for "Severance"

- Launched new Roku TV Smart Projector & Streaming Sticks

- Maintained #1 TV OS position in U.S., Canada, Mexico

🔮Future Outlook

- Q2 2025 revenue guide: $1.07B, +11% YoY

- FY2025 Platform revenue: $3.95B (unchanged)

- FY2025 Adjusted EBITDA: $350M (unchanged)

- Platform margin forecast: ~52%

- Devices segment to remain consistent with 2024 levels

- Targeting positive operating income by 2026

$ROKU (+1.51%)

🔹 EPS: -$0.25 (Est. -$0.40) 🟢

🔹 Total Revenue: $1.201B (Est. $1.147B) 🟢; UP +22% YoY

🔹 Adj EBITDA: $77.5M (Est. $34.75M) 🟢

🔹 Gross Profit: $512.6M (Est. $470.49M) 🟢; UP +17% YoY

Guidance for Q1 2025:

🔹 Revenue: $1.005B (Est. $1.006B) 🟡; UP +14% YoY

🔹 Platform Revenue Growth: +16% YoY

🔹 Devices Revenue: Flat YoY

🔹 Gross Profit: $450M

🔹 Adjusted EBITDA: $55M

Q4 Segment Performance:

Platform:

🔹 Revenue: $1.035B (Est. $952.72M) 🟢; UP +25% YoY

🔹 Gross Margin: 54.1%

Devices:

🔹 Revenue: $165.7M (Est. $195.00M) 🔴; UP +7% YoY

🔹 Gross Margin: -28.6%

Full-Year 2024 Highlights:

🔹 Total Revenue: $4.11B UP +18% YoY

🔹 Platform Revenue: $3.52B UP +18% YoY (Adjusted: +15% ex-political ads)

🔹 Devices Revenue: $590.1M UP +20% YoY

🔹 Streaming Hours: 127.1B UP +21B hours YoY

🔹 Average Revenue Per User (ARPU): $41.49 UP +4% YoY (TTM)

Strategic Updates:

🔸 Advertising Growth: Outpaced the overall U.S. OTT ad market.

🔸 Content Expansion: Exclusive partnerships with NBA G League and X Games for The Roku Channel.

🔸 Devices Expansion: Over 1M Roku-branded TVs sold in 2024, with expanded retail presence at Amazon, Target, and Walmart.

Anthony Wood, CEO::

🔸 “We continue to drive strong execution in our platform strategy while growing our ad demand, subscriptions, and global engagement. Our leadership in TV streaming is helping us innovate and expand scale to drive monetization.”

Boeing $BA (+0.01%)

Merck $MRK (-2.2%)

Nike $NKE (+2.21%)

Ulta Beauty $ULTA (+1.04%)

Roku $ROKU (+1.51%)

Wayfair $W (+2.15%)

Peloton $PTON (+0%)

$ROKU (+1.51%) Q3'24 Earnings Highlights:

🔹 EPS: -$0.06 (Est. -$0.32) 🟢

🔹 Revenue: $1.06B (Est. $1.02B) 🟢; UP +16% YoY

🔹 Net Loss: $9.0M (vs. -$330.1M in Q3 2023)

Q4'24 Guidance:

🔹 Total Revenue: $1.14B (Est. $1.11B) 🟢; UP +16% YoY

🔸 Platform Revenue: Expected growth of 14% YoY

🔸 Device Revenue: Expected growth of 25% YoY

🔹 Gross Profit: $465M

🔹 Adjusted EBITDA: $30M

🔹 Net Loss: $65M

🔹 Operating Expenses (OpEx): Expected increase of 9% YoY in Q4

Revenue Breakdown:

🔹 Platform Revenue: $908.2M; UP +15% YoY

🔹 Device Revenue: $154.0M; UP +23% YoY

Key Financial Metrics:

🔹 Platform Gross Margin: 54.2%; UP +6.1 pts YoY

🔹 Total Gross Margin: 45.2%; UP +4.8 pts YoY

🔹 Adjusted EBITDA: $98.2M (vs. $43.4M in Q3 2023)

Operational Metrics:

🔹 Streaming Hours: 32.0B hours; UP +20% YoY

🔹 Streaming Households: 85.5M; UP +13% YoY

🔹 Average Revenue Per User (ARPU): $41.10 (TTM); Flat YoY

Business and Strategic Highlights:

🔸 Roku Channel ranked #3 app by reach and engagement

🔸 Roku OS remains the #1 selling TV OS in the U.S., Mexico, and Canada

🔸 Launched 2024 Roku Ultra with improved performance

🔸 Expanded advertising solutions for small/medium businesses

🔸 Deepened partnership with The Trade Desk, contributing to positive early results in monetization efforts

🔸 Q4 tailwinds expected from political ad spend

CEO Commentary:

🔸 "We are pleased with the execution of our monetization initiatives. The deeper integration with The Trade Desk and tailwinds from political ad spend will continue to positively impact Q4. We remain confident in our ability to grow Platform revenue in 2025 and beyond as we increase ad demand and expand our Home Screen strategy and Roku-billed subscriptions."

getquin Daily Summary 07/29/2022

Hello getquin,

a new plant for battery stations will start up in Hungary. Also in the mix, Apple and Procter & Gamble quarterly results!

Europe🌍:

1. Nio starts up battery station plant in Hungary*

E-car maker Nio is looking to expand its market share in Europe by starting production of battery swap stations outside China. To that end, Nio said Friday in Hungary that it will open a facility in September that will serve as a production, service and research and development center, as well as a site for these activities.

In addition to selling its China-made cars in Norway, Nio plans to enter the German, Dutch, Swedish and Danish markets this year. These countries will be supplied with battery changing stations from the plant near Budapest. Until now, the company has imported battery-changing stations from China.

Would you have chosen Hungary as the location? https://bit.ly/3Je1txQ

🟥 $NIO (+2.73%) (🔽 -0.21%)

America🌏:

2. US chip bill to distort global semiconductor supply chain, according to China

The US Congress will distort the global semiconductor supply chain and disrupt international trade, according to China. The U.S. House of Representatives passed sweeping legislation Thursday to subsidize the domestic semiconductor industry in competition with Chinese and other foreign manufacturers. China will continue to monitor the progress and implementation of the U.S. law and, if necessary, take action to protect its legitimate rights, the ministry said in a statement.

Read more here: https://reut.rs/3zHaP1X

Appel $AAPL (+0.55%)

EPS: 🟩 $1.16 expected vs $1.20 published; difference: 3.86%.

Revenue: 🟥 $82.97 billion expected vs $82.96 billion published; variance: -0.01%.

Procter & Gamble $PG (+0.59%)

Procter & Gamble reported mixed quarterly results on Friday as the consumer goods giant faced rising raw material costs and warned it expects "significant headwinds" to continue in fiscal 2023.

The Cincinnati-based maker of products such as Pampers, Pantene and Tide said higher prices in its fiscal fourth quarter offset a decline in sales volume primarily due to pandemic-related closures in China and reduced activity in Russia.

The company's shares fell about 4% in premarket trading.

EPS: 🟥 $1.23 expected vs $1.21 published; Difference: -1.43%

Revenue: 🟩 $19.41 billion expected vs $19.52 billion published; variance: 0.54%

Source: https://cnb.cx/3voKIuf

Stocks of the day:

🟩 TOP $AMZN (+0.4%) €135.04 (🔼 +13.35%)

🟥 FLOP $ROKU (+1.51%) , 61,49 € (🔽 -26,95%)

🟩Most searched $AMZN (+0.4%) 135,04 € (🔼 +13,35 %)

🟩 Most traded $AMZN (+0.4%) 135,04 € (🔼 +13,35 %)

🟩 S&P500, 4,110.46 (🔼 +0.93%)

🟩 DAX, 13,498.24 (🔼 +1.63%)

🟩 Bitcoin ₿, €23,748.31(🔼 +1.48%)

Time: 16:30 CEST

Fun Fact:

Did you know that when Nintendo was founded in 1889 they were a playing card company?