Earnings

Roblox (RBLX) earnings Q4 2022

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A man photographs a Roblox banner displayed, to celebrate the company’s IPO, on the front facade of the New York Stock Exchange (NYSE) in New York, March 10, 2021.

Brendan McDermid | Reuters

Shares of Roblox popped 24% Wednesday after the company reported fourth-quarter earnings that beat analysts’ expectations on top and bottom lines.

Here’s how the company did:

  • Loss per share: 48 cent loss vs. 52 cent loss per share expected, according to a Refinitiv survey of analysts
  • Revenue (bookings): $899.4 million vs. $881.4 million expected, according to Refinitiv

The revenue figure is what Roblox calls bookings, which include sales recognized during the quarter and deferred revenue. Bookings rose…



Source cnbc.com

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