November 7, 2018 Roku delivered outstanding financial and operating results in Q3 2018. Robust active account and streaming hour growthcontributed to another great quarter with our advertising business showing continued strong momentum. In fact, roughly twothirds of the Ad Age 200 have advertised on the Roku platform. Advertising effectiveness and measurement tools areconsistently showing the superiority of OTT video ads on Roku compared to linear TV advertising. Our ongoing R&Dinvestments into differentiating our unique platform are strengthening our ability to help consumers, content publishers andadvertisers benefit from the advantages streaming offers.A few Q3 2018 highlights:
• Total net revenue up 39% YoY to $173.4 million;
• Platform revenue up 74% YoY to $100.1 million;
• Gross profit up 58% YoY to $79.0 million;
• Active accounts up 43% YoY to 23.8 million at quarter end;
• Streaming hours up 63% YoY to 6.2 billion;
• Average Revenue Per User (ARPU) up 37% YoY to $17.34 (trailing 12-month basis);
• Year to date, more than one in four smart TVs sold in the U.S. were Roku TVs.
Shares Outstanding 77,223,000 I'd be putting my money here.
