
Shares of streaming platform Roku ROKU.O rise 13% to $98.12 in premarket trading
The company on Thursday forecast full-year 2025 net revenue of $4.61 billion vs analysts' estimate of $4.59 billion according to data compiled by LSEG
ROKU is cashing on changing consumption habits, signaling strong ad sales as more customers switch to streaming platforms
The company reported fourth-quarter revenue of $1.20 billion, compared with analysts' estimate of $1.15 billion
JPM sees political ad spending as a big part of the Q4 beat, but platform growth of 19% ex-political ad spending still exceeded expectations driven by strength across the rest of the verticals
Company's platform segment, which derives revenue from ad sales and subscriptions, grew 25% to $1.04 billion
Shares had fallen nearly 19% in 2024