By Dean Seal
Roku boosted its full-year guidance for the top and bottom lines after swinging to a profit in the third quarter on a big jump in platform revenue.
The video-streaming company said it now expects $4.69 billion in revenue for 2025, up from the estimate of $4.65 billion it gave over the summer. It is also targeting $50 million in earnings instead of $20 million, as previously projected. Before that, Roku had been guiding for a full-year loss of $30 million.
In the third quarter, Roku swung to a profit of $24.8 million, or 16 cents a share, compared with a loss of $9 million, or 6 cents a share, in the same quarter a year earlier. Analysts surveyed by FactSet had been expecting a profit of 9 cents a share.
Revenue rose 14% to $1.21 billion, in line with Wall Street estimates, according to FactSet.
Device sales were down 5% at $146 million. But platform revenue jumped 17% to $1.06 billion.
Roku said video advertising on its platform grew at a faster clip than the wider U.S. over-the-top streaming market and digital ad market. The company's streaming services distribution activities also boosted the top line.
Write to Dean Seal at dean.seal@wsj.com
(END) Dow Jones Newswires
October 30, 2025 17:00 ET (21:00 GMT)
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