
Despite tough competition in the streaming space, Roku reported solid results in Q1 2024, beating revenue expectations, with total net revenue up 19% YoY to $882 million and gross profits up 15% to $388 million.
Streaming Households were also up, hitting 81.6 million, a net increase of 1.6 million from Q4 2023 and streaming Hours grew to 30.8 billion, up 5.7 billion hours YoY.