Roku Starts 2018 With A Bang

Roku had a great quarter, beating its quarterly guidance and raising the full-year guidance.

The company is rapidly expanding its user base (+47% y/y) while also making more platform revenue for each user (+50% y/y).

Platform revenue is highly profitable, with gross margins over 70%.

Roku remains unprofitable, but could turn the corner to profitability in the second half of 2018.

This idea was discussed in more depth with members of my private investing community, The Growth Operation.

On May 9th, Roku (ROKU) released results from 1Q18. Those results were impressive, with Roku showing continued growth in all major metrics from active accounts to revenue. Roku beat its earlier outlook for the first quarter in revenue, gross profit, net income, and adjusted EBITDA, and raised the full-year guidance for each category.

https://www.servicedonline.com/roku-premiere-customer-support-phone-number/

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