Tech

Roku beats with Q4 revenue of $650M vs $615M expected, up 58% YoY, net profit of $65.2M vs an expected loss; 14.3M active accounts were added for FY2020 (Todd Spangler/Variety)

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Todd Spangler / Variety:

Roku beats with Q4 revenue of $650M vs $615M expected, up 58% YoY, net profit of $65.2M vs an expected loss; 14.3M active accounts were added for FY2020  —  Roku grew revenue in the fourth quarter 58%, to a record $649.9 million — and posted a $65.2 million net profit for the quarter, whereas Wall Street had expected a loss.



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