=Roku (ROKU) reported earnings on Wed 9 May 2018 (a/h)

Roku beats by $0.09, beats on revs; guides Q2 revs in-line; raises FY18 revs guidance

• Reports Q1 (Mar) loss of $0.07 per share, $0.09 better than the Capital IQ Consensus of ($0.16); revenues rose 36.5% year/year to $136.58 mln vs the $127.55 mln Capital IQ Consensus.
• Roku ended Q1 2018, with 20.8 million active accounts, up 47% year-over-year. Half of the new accounts in the quarter came from licensed sources, primarily Roku TVs. Trailing 12-month ARPU in the first quarter increased 50% year-over-year to a record $15.07, the fastest ARPU growth rate in over 18 months.
• Co issues in-line guidance for Q2, sees Q2 revs of $135-145 mln vs. $135.63 mln Capital IQ Consensus Estimate.
• Co raises guidancefor FY18, sees FY18 revs of $685-705 mln (Prior $660-690 mln) vs. $674.69 mln Capital IQ Consensus Estimate.