Streaming platform company Roku Inc. reported fourth quarter and full fiscal year financial results after market close Thursday. What Happened Roku reported fourth-quarter revenue of $865.3 million, up 33 percent year-over-year. The total missed a consensus estimate of $894 million, according to Benzinga Pro. Earnings of 17 cents per share beat the estimates by 10 cents. The company reported platform revenue of $703.6 million, up 49 percent year-over-year. Player revenue was $161.7 million in the fourth quarter. Roku ended the quarter with 60.1 million active accounts. Average revenue per user was up 43 percent to $41.03. For the full fiscal year, Roku reported revenue of $2.765 billion, up 55 percent year-over-year. “2021 was another strong year for Roku, as we achieved record revenue, gross profit, adjusted EBITDA and ARPU,” the company said. Customers streamed 19.5 billion hours of content on Roku in the fourth quarter, up 15 percent year-over-year. The company’s The Roku …
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