Roku Q4 Revenue Climbs 22%, Streaming Households Hit Nearly 90 Million as Earnings Beat Expectations
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variety.comTodd Spangler NY Digital Editor Roku overdelivered for the fourth quarter of 2024, boosting revenue 22% and narrowing its net loss to top Wall Street expectations.
Roku reported 89.8 million streaming households as of the end of 2024, up 12% year over year and a gain of 4.3 million from 85.5 million the prior quarter.
It’s the last time the company expects to report the metric regularly, following in the footsteps of Netflix, as Roku going forward will focus on revenue and profitability numbers in its quarterly earnings.
Overall, the streaming platform company posted Q4 revenue of $1.201 billion and a net loss of $35.5 million (versus a net loss of $78.3 million a year earlier), or 24 cents per share.
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