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Roku Jan-Mar 2021 Financial Results

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Have you ever heard of Roku (ticker symbol: ROKU), a U.S. stock?

It is a company that manufactures digital media players for video streaming.

In this article, I would like to introduce the company’s financial results for the period January to March 2021, which were announced on May 7, 2021.

January to March 2021

EPS: 54¢ vs. forecast of -13¢.

Net sales of $574 million versus $491 million expected.

Sales growth was 79.0% YoY.

Platform sales were $467 million, up 101% from the same period last year. The year-ago quarter was $233 million.

Player revenue was $108 million, up 22% year-over-year. Player revenue was $108 million, up 22% year-over-year, compared to $88.2 million in the year-ago quarter.

The number of active accounts was 53.6 million, up 35% year-over-year. In the year-ago quarter, the number was 39.8 million.

Streaming time was 18.3 billion hours, up 49% from the same period last year. In the same period last year, the figure was 12.3 billion hours.

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