Roku Inc Q1 2023 Earnings Call Transcript

The following is excerpted from the question-and-answer section of the transcript.

Question: Cory Alan Carpenter - JPMorgan Chase & Co, Research Division - Analyst : I had one on profit and one on revenue. On profit, just given the uncertainty in the macro environment that you guys discussed, what gives you the confidence in your path to profitability in 2024? And what are some of the steps that you may still need to take to get there? And then on revenue. In the letter, you mentioned "creating new monetization opportunities to reaccelerate revenue growth. " Hoping you could expand a bit on some of the initiatives that you think could be most impactful, especially on the programmatic side.

Question: Shweta R. Khajuria - Evercore ISI Institutional Equities, Research Division - Analyst : For being EBITDA positive next year, if we were to think about the OpEx line items, where do you see most leverage? I understand you're focused on OpEx growth rate, but how should we think about the key leverage drivers within your OpEx buckets? That's question one. And then the second question is on opening up to third-party DSPs as one of your levers. I mean, you have other monetization opportunities too. But how should we think about the time line for that in terms of the meaning and magnitude of contribution as you open up to third-party platforms. REFINITIV STREETEVENTS | www.refinitiv.com | Contact Us consent of Refinitiv. 'Refinitiv' and the Refinitiv logo are registered trademarks of Refinitiv and its affiliated companies. APRIL 26, 2023 / 9:00PM, ROKU.OQ - Q1 2023 Roku Inc Earnings Call