Roku Inc. (ROKU) CEO Anthony Wood on Q2 2018 Results - Earnings Call Transcript
James Samford - Vice President of Investor Relations
Anthony Wood - Founder and CEO
Steve Louden - CFO
Scott Rosenberg - GM of Platform Business
Investigators
Evan Wingren - KeyBanc Capital Markets
Jason Helfstein - Oppenheimer
Ben Swinburne - Morgan Stanley
Laura Martin - Needham and Co
Stamp May - Citi
Ralph Schackart - William Blair
Thomas Forte - D.A. Davidson
Stamp Mahaney - RBC Capital Markets
Paul Golding - Macquarie
Vasily Karasyov - Cannonball Research
Rich Greenfield - BTIG
Administrator
Great day, women and men of their word, and welcome to the Q2 2018 Roku Earnings Conference Call. As of now, all members are in a listen-just mode. Later we will lead the inquiry and-answer session and guidelines will take after around then [Operator Instructions]. As an update, this gathering is being recorded.
I might now want to present your host for the present call, Mr. James Samford, Vice President of Investor Relations. Mr. Samford, you may now start.
James Samford
Good evening. Furthermore, welcome to Roku's budgetary outcomes telephone call for the second quarter finished June 30, 2018. I'm satisfied to be joined on the call today with Anthony Wood, Roku's Founder and CEO; Steve Louden, our CFO; and Scott Rosenberg, the GM of our Platform Business, will's identity accessible for Q&A. If it's not too much trouble make certain to survey our investor letter, which contains considerably more points of interest than we will cover in the starting comments.
The accompanying talk, including reactions to your inquiries, mirrors administration's perspectives starting today, August 8, 2018 just and we don't embrace any commitment to refresh or reconsider this data. A portion of the announcements made on the present call are forward-looking and depend on our present desires, conjectures and suppositions, and include dangers and vulnerabilities. These announcements incorporate, yet are not restricted to, explanations with respect to the future execution of Roku, including expected money related outcomes for the second from last quarter and entire year 2018 and the future development of our business.
Our genuine outcomes may contrast physically from those examined on this require an assortment of reasons. It would be ideal if you allude to the present investor letter and the Company's filings with the SEC for data about variables, which could make our genuine outcomes vary physically from these forward-looking articulations. You'll discover compromises to non-GAAP measures to the most similar measures talked about today in our investor letter, which is posted on Company's Investor Relations Web website at ir.roku.com. I urge you to occasionally visit our IR Web webpage for critical substance.
At last, except if generally expressed, all correlations on this call will be against our outcomes for the equivalent time frame in 2017. Presently, I'd get a kick out of the chance to turn the bring over to Anthony.
Anthony Wood
Much obliged to you, James, and thanks everybody for joining our second quarter profit call. The solid force we saw entering 2018 proceeded with this quarter as we extended our compass to 22 million dynamic records, up 46%. ARPU was up multi year-over-year to a record high according to client income proceeded with solid development. We are satisfied with this development however know these are still early days as buyers, content suppliers and publicists, keep on making the change to spilling.
The Roku Channel keeps on being a territory of center and development for us. Our Roku Channel technique is to center around free longform content, grow content classifications, reach out to stages past the Roku OS and widen into new topographies. For instance, we as of late added news to the Roku Channel and we as of late declared accessibility in Canada. Today, we propelled the Roku Channel for the Web, enabling anybody to stream free motion pictures and TV appears. What's more, we likewise discharged the Roku Channel as an application on select keen Samsung TVs.
Anthony Wood - Founder and CEO
Steve Louden - CFO
Scott Rosenberg - GM of Platform Business
Investigators
Evan Wingren - KeyBanc Capital Markets
Jason Helfstein - Oppenheimer
Ben Swinburne - Morgan Stanley
Laura Martin - Needham and Co
Stamp May - Citi
Ralph Schackart - William Blair
Thomas Forte - D.A. Davidson
Stamp Mahaney - RBC Capital Markets
Paul Golding - Macquarie
Vasily Karasyov - Cannonball Research
Rich Greenfield - BTIG
Administrator
Great day, women and men of their word, and welcome to the Q2 2018 Roku Earnings Conference Call. As of now, all members are in a listen-just mode. Later we will lead the inquiry and-answer session and guidelines will take after around then [Operator Instructions]. As an update, this gathering is being recorded.
I might now want to present your host for the present call, Mr. James Samford, Vice President of Investor Relations. Mr. Samford, you may now start.
James Samford
Good evening. Furthermore, welcome to Roku's budgetary outcomes telephone call for the second quarter finished June 30, 2018. I'm satisfied to be joined on the call today with Anthony Wood, Roku's Founder and CEO; Steve Louden, our CFO; and Scott Rosenberg, the GM of our Platform Business, will's identity accessible for Q&A. If it's not too much trouble make certain to survey our investor letter, which contains considerably more points of interest than we will cover in the starting comments.
The accompanying talk, including reactions to your inquiries, mirrors administration's perspectives starting today, August 8, 2018 just and we don't embrace any commitment to refresh or reconsider this data. A portion of the announcements made on the present call are forward-looking and depend on our present desires, conjectures and suppositions, and include dangers and vulnerabilities. These announcements incorporate, yet are not restricted to, explanations with respect to the future execution of Roku, including expected money related outcomes for the second from last quarter and entire year 2018 and the future development of our business.
Our genuine outcomes may contrast physically from those examined on this require an assortment of reasons. It would be ideal if you allude to the present investor letter and the Company's filings with the SEC for data about variables, which could make our genuine outcomes vary physically from these forward-looking articulations. You'll discover compromises to non-GAAP measures to the most similar measures talked about today in our investor letter, which is posted on Company's Investor Relations Web website at ir.roku.com. I urge you to occasionally visit our IR Web webpage for critical substance.
At last, except if generally expressed, all correlations on this call will be against our outcomes for the equivalent time frame in 2017. Presently, I'd get a kick out of the chance to turn the bring over to Anthony.
Anthony Wood
Much obliged to you, James, and thanks everybody for joining our second quarter profit call. The solid force we saw entering 2018 proceeded with this quarter as we extended our compass to 22 million dynamic records, up 46%. ARPU was up multi year-over-year to a record high according to client income proceeded with solid development. We are satisfied with this development however know these are still early days as buyers, content suppliers and publicists, keep on making the change to spilling.
The Roku Channel keeps on being a territory of center and development for us. Our Roku Channel technique is to center around free longform content, grow content classifications, reach out to stages past the Roku OS and widen into new topographies. For instance, we as of late added news to the Roku Channel and we as of late declared accessibility in Canada. Today, we propelled the Roku Channel for the Web, enabling anybody to stream free motion pictures and TV appears. What's more, we likewise discharged the Roku Channel as an application on select keen Samsung TVs.
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