Roku posted its first-ever quarter of more than $1 billion in net revenue — boosted by a 15% year over year increase in platform revenue — and continued to narrow its net losses during the third quarter of 2024.
The streamer and hardware maker also revealed it will no longer report the total number of streaming households or average revenue per user metrics starting in the first quarter of 2025 as it shifts focus to growing platform revenue and profitability.
“Our various markets are in different stages of monetization and have different
economics. While a large portion of our Streaming Household growth is in our international markets, the majority of our Platform revenue is currently generated in the U.S.,”
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