Roku (ROKU) is set to report Q4 results today after the close with a call to follow at 5pm ET. Roku typically releases a lengthy shareholder letter on its website.
Q4 is particularly important because this is typically Roku's largest revenue quarter of the year (about 35% of annual sales) as Roku TVs are great gift items for the holidays.
The CapitalIQ consensus estimate for Q4 non-GAAP EPS is a $(0.13) loss, for revenue it's $392.7 mln.
Roku typically guides for the next quarter and full year revenue and EBITDA. Current guidance is for Q4 revs of $380-396 mln and adjusted EBITDA of $7-12 mln.
A profit is expected in 2021. Any discussion on the profitability timeline will be important to listen for.
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