Stock Analysis

Roku Third Quarter 2022 Earnings: Beats Expectations

  •  Updated
NasdaqGS:ROKU
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Roku (NASDAQ:ROKU) Third Quarter 2022 Results

Key Financial Results
  • Revenue: US$761.4m (up 12% from 3Q 2021).
  • Net loss: US$122.2m (down by 277% from US$68.9m profit in 3Q 2021).
  • US$0.88 loss per share (down from US$0.52 profit in 3Q 2021).
earnings-and-revenue-growth
NasdaqGS:ROKU Earnings and Revenue Growth November 4th 2022

All figures shown in the chart above are for the trailing 12 month (TTM) period

Roku Revenues and Earnings Beat Expectations

Revenue exceeded analyst estimates by 9.8%. Earnings per share (EPS) also surpassed analyst estimates by 32%.

Looking ahead, revenue is forecast to grow 15% p.a. on average during the next 3 years, compared to a 9.5% growth forecast for the Entertainment industry in the US.

Performance of the American Entertainment industry.

The company's share price is broadly unchanged from a week ago.

Risk Analysis

We don't want to rain on the parade too much, but we did also find 2 warning signs for Roku that you need to be mindful of.

Valuation is complex, but we're helping make it simple.

Find out whether Roku is potentially over or undervalued by checking out our comprehensive analysis, which includes fair value estimates, risks and warnings, dividends, insider transactions and financial health.

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About NasdaqGS:ROKU

Roku

Roku, Inc., together with its subsidiaries, operates a TV streaming platform.

The Snowflake is a visual investment summary with the score of each axis being calculated by 6 checks in 5 areas.

Analysis AreaScore (0-6)
Valuation1
Future Growth1
Past Performance0
Financial Health4
Dividends0

Read more about these checks in the individual report sections or in our analysis model.

Adequate balance sheet and overvalued.