February 21, 2018 / 9:19 PM / 3 months ago

BRIEF-Roku Qtrly Earnings Per Share $0.06

Feb 21 (Reuters) - Roku Inc:

* ROKU RELEASES FOURTH QUARTER AND FISCAL YEAR 2017 FINANCIAL RESULTS

* QTRLY TOTAL NET REVENUE GREW 28% YOY TO $188.3 MILLION

* ACTIVE ACCOUNTS INCREASED 44% YOY TO 19.3 MILLION AT QUARTER END‍​

* SEES Q1 TOTAL NET REVENUE: $120 MILLION TO $130 MILLION

* “GIVEN THE TRAJECTORY OF THE PLATFORM SEGMENT,WE EXPECT RAPID REVENUE GROWTH AND GROSS MARGIN EXPANSION TO CONTINUE IN 2018”‍​

* SEES 2018 TOTAL NET REVENUE $660 MILLION TO $690 MILLION‍​

* SEES Q1 2018 TOTAL GROSS PROFIT $52 MILLION TO $58 MILLION

* Q4 REVENUE VIEW $182.5 MILLION — THOMSON REUTERS I/B/E/S

* CONTINUED TO SEE SHIFT IN ACCOUNT GROWTH TO ROKU TV LICENSING PROGRAM, MORE THAN HALF OF NEW ACCOUNTS COMING FROM LICENSED SOURCES IN Q4‍​

* FY2018 REVENUE VIEW $661.5 MILLION — THOMSON REUTERS I/B/E/S

* QTRLY AVERAGE REVENUE PER USER GREW 48 PERCENT YOY TO $13.78

* ADVERTISING REPRESENTED ABOUT THREE QUARTERS OF PLATFORM REVENUES IN QUARTER, UP FROM LESS THAN TWO THIRDS IN PRIOR YEAR

* Q1 REVENUE VIEW $131.7 MILLION — THOMSON REUTERS I/B/E/S Source text for Eikon: Further company coverage:

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