Gronghui, April 26 | Video streaming media Roku announced 2024 Q1 results. Revenue was US$881 million, up 19% year on year, exceeding market expectations of US$850 million; loss per share of US$0.35, which was a sharp decrease from the loss of US$1.38 per share in the same period last year, and also better than the loss of $0.62 per share expected by the market. Over the reporting period, Roku had more than 81.6 million active accounts, up 14% year over year, slightly higher than market expectations of 81.4 million; streaming time was 30.8 billion hours, which also exceeded expectations of 29.98 billion hours. In terms of guidance, Roku expects Q2 revenue of US$935 million, and analysts generally expect US$926.5 million. CEO Anthony Wood said we are still capable of accelerating the growth of the platform's revenue and maintaining continued growth in adjusted profit before interest, tax, depreciation and amortization and free cash flow in 2025 and beyond. Roku fell about 2.3% to $61.38 after the market.