This is up from the 32.3 million active accounts they reported in the third quarter.
Streaming device makers have benefited alongside streaming service providers like Netflix and Amazon Prime Video as consumers cut the cord to cable or satellite TV and shift to subscription-based streaming services.
Roku Inc beat Wall Street estimates for holiday-quarter sales and forecast full-year revenue above expectations on Thursday, as the video streaming device maker benefited from the launch of new streaming services from Walt Disney and Apple. Amazon said last month it had surpassed 40 million active users globally for its streaming device. The adjusted EBITDA went 38 percent lower year-on-year to Dollars 15.1 million, but improved from the loss of 0.4 million in Q3, and the gains booked in the second and first quarters of 11.1 million and 10.0 million, respectively.
During the latest quarter, active accounts increased 4.6 million sequentially to 36.9 million, while streaming hours increased sequentially by 1.4 billion to 11.7 billion.
Advertising is one of the biggest opportunities for Roku as the viewership moves from traditional TV to streaming, Louden added.
Roku also pulled down total Q4 revenues of $411.2 million, up 42% versus the year-ago period, beating Wall Street expectations of $392 million.
While revenues have been surging, the company was [also able to/unable to] grow gross margins which came in at 62.5% for the quarter which were down 0.1% over the previous quarter and down 7.4% year over year.
Much of Roku's user growth is coming from licensing the Roku platform to smart TV manufacturers.
Looking ahead, Roku expects Q1 2020 revenues of $300 million to $310 million, up from $275.7 million in Q1 2019, alongside a net loss in the range of $55 million to $60 million.
Revenues for Q4 passed expectations, jumping nearly 50 percent to United States dollars 411.2 million, with platform revenue advancing 71 percent and player revenue climbing 22 percent. For full 2020, Roku anticipates revenues of $1.58 billion to $1.62 billion and a net loss of $160 million to $180 million.