Roku Beats Roku (ROKU) reported a 1st Quarter March 2019 loss of $0.09 per share on revenue of $206.7 million. The consensus estimate was a loss of $0.24 per share on revenue of $189.1 million. The Earnings Whisper number was for a loss of $0.21 per share. Revenue grew 51.3% on a year-over-year basis.
The company said in its shareholders letter it expects second quarter revenue of $220.0 million to $225.0 million. The current consensus revenue estimate is $219.8 million for the quarter ending June 30, 2019. The company also said it now expects 2019 revenue of $1.03 billion to $1.05 billion. The company's previous guidance was revenue of $1.00 billion to $1.025 billion and the current consensus estimate is revenue of $1.02 billion for the year ending December 31, 2019.
They are simply knocking the cover off the ball with each earnings release. Expect more to come.