Roku Q1 Earnings Beat, Shares Up 7%

Roku posted Q1 adjusted EPS $0.57, beating consensus $0.32, and revenue $1.25bn, up 22% YoY.
Platform revenue rose 28% YoY to $1.13bn, driven by advertising $613m (+27%) and subscriptions $519m (+30%).
Roku raised full‑year outlook to $5.0bn platform revenue (≈21% YoY) and $5.5bn total net revenue, with $675m adjusted EBITDA.
The company repurchased $100m of shares this quarter, reaching $250m total buybacks, and reported >100m streaming households worldwide.