Roku Q4 Results & Sony Q3 Results

Roku is popping champagne. They posted better-than-expected Q4 results. Here’s how they stacked up, plus the delta between last year:

• $1.2 bn - net revenue

  • ↑22%

• $35.5 M net loss

  • ↑54.7%

  • $129.3 M net loss for the year

  • Up from last year’s $709.6 M net loss

• 34.1 bn - streaming hours

  • ↑ 18%

• 89.8 M - streaming households

  • ↑ 4.3M from Q3

Roku shared:

“We continue to make progress growing ad demand through deeper third-party platform integrations, improving the Roku Experience to expand monetization, and growing Roku-billed subscriptions,”

Roku is projected to continue this growth into 2025.

Sony Pictures Entertainment Q3 results. Plus the delta from last year:

• $2.6 bn revenue

  • ↑ 9%

• $308 M OIBDA

  • ↓ 16.5%

• $220 M profit

  • ↓ 18%

Venom 3 helped boost theater revenue but was offset by lower TV production.