Roku Inc. (ROKU) on Wednesday reported a loss of $237.2 million in its fourth quarter.
On a per-share basis, the San Jose, California-based company said it had a loss of $1.70.
The results topped Wall Street expectations. The average estimate of 12 analysts surveyed by Zacks Investment Research was for a loss of $1.73 per share.
The video streaming company posted revenue of $867.1 million in the period, also surpassing Street forecasts. Eleven analysts surveyed by Zacks expected $805.7 million.
For the current quarter ending in March, Roku said it expects revenue in the range of $700 million.
This story was generated by Automated Insights ( using data from Zacks Investment Research. Access a Zacks stock report on ROKU at