Roku forecast annual revenue above Wall Street estimates and topped fourth-quarter revenue expectations on Thursday, signaling strong advertising sales as more customers switch to streaming platforms,

Full year 2024 net revenue was $4.1 billion, up 18 percent year-over-year. For the full year, Roku reached the number of streaming households hit 89.8 million, a net increase of 9.8 million from 2023. There were 4.3 million net adds in the fourth quarter.