Roku, Inc. (NASDAQ:ROKU) Q3 2023 Earnings Conference Call November 1, 2023 5:00 PM ET

Company Participants

Conrad Grodd - Vice President of Investor Relations

Anthony Wood - Founder and Chief Executive Officer

Dan Jedda - Chief Financial Officer

Charlie Collier - President, Roku Media

Mustafa Ozgen - President, Devices

Conference Call Participants

Cory Carpenter - JPMorgan

Michael Nathanson - MoffettNathanson

Jason Helfstein - Oppenheimer

Shweta Khajuria - Evercore ISI

Ruplu Bhattacharya - Bank of America

Steven Cahall - Wells Fargo

David Joyce - Seaport Research Partners

Rich Greenfield - LightShed Partners

Ben Swinburne - Morgan Stanley

Operator

Good day, and thank you for standing by. Welcome to the Roku Third Quarter 2023 Earnings Conference Call. At this time, all participants are in a listen-only mode. After the presentation, there will be a question-and-answer session. [Operator Instructions] Please be advised that today's conference is being recorded.

I would now like to hand the conference over to your host today, Conrad Grodd, Vice President of Investor Relations. Please go ahead.

Conrad Grodd

Thank you, operator. Good afternoon, and welcome to Roku's third quarter 2023 earnings call.

I'm joined today by Anthony Wood, Roku's Founder and CEO; and Dan Jedda, our CFO. Also on today's call for Q&A are Charlie Collier, President, Roku Media; and Mustafa Ozgen, President, Devices.

Full details of our results and additional management commentary are available in our Shareholder Letter, which can be found on our Investor Relations website at roku.com/investor.

Our comments and responses to your questions on this call reflect management's views as of today only, and we disclaim any obligation to update this information.

On this call, we'll make forward-looking statements, which are predictions, projections, or other statements about future events, such as our financial outlook, our commitment to positive adjusted EBITDA for full year 2024, and continued improvements thereafter, our investments, future market conditions, and macro environment uncertainties. These statements are based on our current expectations, forecasts, and assumptions, and involve risks and uncertainties. Please refer to our Shareholder Letter and periodic SEC filings for risk factors that could cause our actual results to differ materially from these forward-looking statements.

We'll also discuss certain non-GAAP financial measures on today's call. Reconciliations to the most comparable GAAP financial measures are provided in our Shareholder Letter.

Finally, unless otherwise stated, all comparisons on this call will be against the results of the comparable period of 2022.

Now, I'd like to hand the call over to Anthony.