Roku, Inc.

Good day, and thank you for standing by. Welcome to the Roku 4th Quarter 2024 Earnings Conference Call. At this time, all participants are in listen-only mode. After the speaker's presentation, there will be a question and answer session. To ask a question during the session, you will need to press star 11 on your telephone. You will then hear an automated message advising your hand is raised. To withdraw your question, please press star 11 again. Please be advised that today's conference is being recorded. I would now like to hand the conference over to your speaker today, Conrad Grodd, Vice President of Investor Relations. Please go ahead.

Welcome to Roku's fourth quarter and year-ended 2024 earnings call. On today's call are Anthony Wood, Roku's founder and CEO, Dan Jetta, our CFO, Charlie Collier, President, Roku Media, and Mustafa Ozgen, President, Devices. Our full results and additional management commentary are available in our shareable letter on our IR website at roku.com forward slash investor. On this call, we'll make forward-looking statements which are subject to risks and uncertainties. Please refer to our shareable letter and periodic SEC filings for risk factors that could cause our actual results to differ materially from these forward-looking statements. We will also present GAAP and non-GAAP financial measures. Reconciliations of non-GAAP measures to the most comparable GAAP financial measures are provided in our shareholder letter. Unless otherwise stated, all comparisons will be against our results for the comparable 2023 period. Beginning this quarter, we'll forego prepared remarks and go straight into Q&A. Operator, our first question, please.

Thank you. As a reminder, to ask a question, please press star 11 on your telephone and wait for your name to be announced. To withdraw your question, please press star 11 again. Our first question comes from the line of Cheyenne Patil with Susquehanna International Group. Your line is now open.