Roku (NASDAQ:ROKU) Third Quarter 2022 ResultsKey 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).
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.
The company's share price is broadly unchanged from a week ago.
Risk AnalysisWe 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.
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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 Area||Score (0-6)|
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Adequate balance sheet and overvalued.