Roku Q4 Earnings Surpass Estimates, Revenues Rise

SAN JOSE, Calif. (AP) - Roku Inc. (ROKU) reported a Q4 loss of $35.5 million, with a per-share loss of 24 cents. Analysts had predicted a loss of 44 cents per share.

Revenue soared to $1.2 billion, exceeding Wall Street projections of $1.15 billion. For the year, Roku reported a loss of $129.4 million, or 89 cents per share, and revenue of $4.11 billion.