Faultline called it (though it wasn’t exactly a Nostradamus moment). Roku has rocked its first $1 billion quarter, following a 25% year on year revenue increase. The rain on Roku’s parade, however, comes from the devices segment, which recorded a loss of $47.4 million in Q4 2024 – a 130% year on year increase. The silver lining is that platform gross profit grew 22% to $559.9 million to more than offset the rot from Roku’s legacy devices division. With a total gross profit of $512.6 million in Q4 2024, a 17% year on year rise, Roku is laughing. However, there are storms ahead. Roku devices are acquiring a reputation for low-budget, low-quality, and low performance. Just look at some of…