It was a stellar quarter for Roku Q4 650m 615m Yoy 14.3m, with the streaming platform beating expectations and reaching record revenues! In Q4 2020, sales surpassed Wall Street’s estimates of $615M to reach an impressive $649.9 million — up 58% year-over-year. The company also managed to post a net profit of $65.2M despite analysts predicting a loss.
Roku Q4 650m 615m Yoy 14.3m
Roku closed the fiscal year strong with 14.3M active accounts added during FY2020, doubling its growth rate from 2019 and achieving another milestone in its meteoric rise since launching in 2008. As viewers flock to streaming services as their primary source of entertainment, there’s no stopping Roku. We can’t wait to see what the future holds!
Conclusion
Roku Q4 650m 615m Yoy 14.3m results blew away expectations and set a new revenue record, with year-over-year growth of 58%. Further cementing its position as the leading streaming platform, Roku added 14.3M active accounts in FY2020, doubling its growth rate from 2019. It looks like Roku is no stopping as it continues redefining entertainment for the 21st century!
FAQS
Q: How much revenue did Roku bring in Q4 2020?
A: Roku Q4 650m 615m Yoy 14.3m reported a record $649.9 million in revenue for Q4 2020, up 58% year-over-year.
Q: What other milestones did Roku achieve in FY2020?
A: In addition to setting new revenue records, Roku added a total of 14.3M active accounts for the fiscal year — more than doubling its growth rate from 2019!
Q: How long has Roku been around?
A: Roku launched in 2008 and has since become North America’s number-one streaming platform.
Q: What’s next for Roku?
A: With the meteoric rise of streaming services, Roku looks to be on a path of continued growth and innovation. We can’t wait to see what the future holds!
Read Also: New 2m 365k Githublapowskyprotocol
