Roku Inc Class A
ROKU: XNAS (USA)
| Morningstar Rating for Stocks | Fair Value | Economic Moat | Capital Allocation |
|---|---|---|---|
| ^Bn | LOCK|!M | LOCK|Cqjc#x#r |
Roku Earnings: Acceleration Continues As Its Place in the Streaming Industry Solidifies
Roku's platform revenue, which excludes only device sales, rose 23% year over year, the third straight quarter above 20% after three years in the midteens or below. Total growth accelerated to 24%, but elevated device sales weighed on margins. Still, adjusted EBITDA more than doubled from last year.
