financetom
Business
financetom
/
Business
/
Roku Q4 Net Loss Narrows, Net Revenue Increases; Shares Rise After Hours
News World Market Environment Technology Personal Finance Politics Retail Business Economy Cryptocurrency Forex Stocks Market Commodities
Roku Q4 Net Loss Narrows, Net Revenue Increases; Shares Rise After Hours
Feb 13, 2025 2:02 PM

04:40 PM EST, 02/13/2025 (MT Newswires) -- Roku ( ROKU ) reported a Q4 net loss Thursday of $0.24 per diluted share, narrower than a loss of $0.55 a year earlier.

Analysts polled by FactSet expected a loss of $0.41 per share.

Net revenue for the quarter ended Dec. 31 was $1.20 billion, up from $984.4 million a year earlier.

Analysts surveyed by FactSet expected $1.15 billion.

The company said it expects Q1 net revenue of $1.005 billion.

Analysts polled by FactSet expect $1.006 billion.

The company expects full-year 2025 net revenue of $4.61 billion.

Analysts surveyed by FactSet expect $4.61 billion.

The company's shares were rising nearly 13% in after-hours activity.

Comments
Welcome to financetom comments! Please keep conversations courteous and on-topic. To fosterproductive and respectful conversations, you may see comments from our Community Managers.
Sign up to post
Sort by
Show More Comments
Related Articles >
Norway's Sovereign Wealth Fund Contemplates Rio Tinto Divestment
Norway's Sovereign Wealth Fund Contemplates Rio Tinto Divestment
Apr 3, 2024
Rio Tinto , the world’s second-largest metals and mining corporation, is facing a possible divestment from the Norwegian sovereign wealth fund. The Council On Ethics, charged with ensuring adherence to strict ethical guidelines, is deliberating whether to recommend exiting the $2.15 billion stake due to alleged deforestation links in the Brazilian Amazon. According to The Wall Street Journal, in January,...
Market Chatter: Shell Presses for Long Term License Ahead of Investment in Natural Gas Project in Venezuela
Market Chatter: Shell Presses for Long Term License Ahead of Investment in Natural Gas Project in Venezuela
Apr 3, 2024
02:41 PM EDT, 04/03/2024 (MT Newswires) -- Shell (SHEL) is pressing for a long-term license from the US before it makes a decision on whether to invest in the Dragon offshore natural gas project in Venezuela, Reuters reported Wednesday, citing people familiar with the matter. The current license expires in October 2025 and Shell initially proposed a 15-year extension during...
Amazon.com's Amazon Web Services Unit Cuts Hundreds of Sales, Marketing, Physical Stores Technology Jobs
Amazon.com's Amazon Web Services Unit Cuts Hundreds of Sales, Marketing, Physical Stores Technology Jobs
Apr 3, 2024
02:38 PM EDT, 04/03/2024 (MT Newswires) -- Amazon.com's ( AMZN ) Amazon Web Services cloud-computing unit said Wednesday it is eliminating hundreds of jobs in its sales and marketing and physical stores technology teams. An AWS spokesperson told MT Newswires the job cuts in the company's Sales, Marketing, and Global Services division are mostly related to business changes affecting training...
Canadian lender RBC's CEO says City National will be a 'net contributor'
Canadian lender RBC's CEO says City National will be a 'net contributor'
Apr 3, 2024
TORONTO, April 3 (Reuters) - Royal Bank of Canada ( RY ) expects its struggling unit in the U.S. to be a net contributor to Canada's biggest lender and is bullish about the opportunities south of the border, CEO Dave McKay told Reuters on Wednesday. City National Bank, which RBC acquired in 2015 under McKay's watch, required capital injection and...
Copyright 2023-2026 - www.financetom.com All Rights Reserved