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Roku, Inc.
5/6/2021
Welcome to the Q1 2021 Roku Earnings Conference Call. My name is John. I'll be your operator for today's call. At this time, all participants are in listen-only mode. Later, we will conduct a question-and-answer session. During the question-and-answer session, if you do have a question, press star then 1 on your touch-tone phone. And now I'll turn the call over to Conrad Grodd.
Thank you, operator. Good afternoon and welcome to Roku's Financial Results Conference Call for the first quarter ended March 31, 2021. I'm joined on the call today by Anthony Wood, Roku's founder and CEO, Steve Loudon, our CFO, and Scott Rosenberg, Senior Vice President, Jail Manager of our platform business, who will be available for Q&A. Full details of our results and additional management commentary are available in our shareholder letter, which can be found on the investor relations section of our website at ir.roku.com. The following discussion... including responses to your questions, reflects management's views as of today, May 6, 2021, only, and we do not undertake any obligation to update or revise this information. Some of the statements made on today's call are forward-looking and are based on our current expectations, forecasts and assumptions, and involve risks and uncertainties. These statements include, but are not limited to, statements regarding the expected performance of our business, future performance results, the future of TV, TV streaming and TV advertising globally, the impact of the COVID-19 pandemic on our industry, business and financial results, and the future growth of our business and our industry. Our actual results may differ materially from those discussed on this call for a variety of reasons. Please refer to today's shareholder letter and Roku's periodic filings with the SEC for information about factors which could cause our actual results to differ materially from these forward-looking statements. You'll find reconciliation of non-GAAP measures to the most comparable measure discussed today in our shareable letter, which is posted on our website at ir.roku.com. And I encourage you to periodically visit our IR website for important content. Finally, unless otherwise stated, All comparisons on this call will be against our results for the comparable period of 2020. Now, I'd like to hand the call over to Anthony.
Thank you, Conrad, and thanks to everyone for joining today's call. I am pleased to report that Roku delivered an exceptional first quarter driven by strength and platform monetization. This quarter, we saw that advertisers are increasingly moving money to streaming and The Roku channel's virtuous cycle is attracting viewers, advertisers, content partners, and the creative community, and streaming services are taking advantage of the tools Roku offers to help build audience and make their streaming business successful. We believe the inevitability of streaming is clear and that Roku's business model allows us to optimize streaming for all stakeholders, including viewers, advertisers, and content partners. With that, let me hand the call over to Steve. Steve?
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