Earnings

Roblox (RBLX) Q3 2023 earnings

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The New York Stock Exchange welcomes executives and guests of Roblox in celebration of its direct listing, March 10, 2021.

NYSE

Roblox reported results for the fiscal fourth quarter Wednesday that beat consensus estimates on the top and bottom lines. Shares closed up more than 10%.

Here’s how the company did:

  • Losses per share: 52 cents vs. 55 cents expected by analysts, according to LSEG, formerly Refinitiv.
  • Revenue (bookings): $1.13 billion vs. $1.08 billion expected, according to LSEG.

The revenue figure is what Roblox calls bookings, a category that includes sales recognized during the quarter and deferred revenue. 

The video game developer generates revenue from sales of its virtual…



Source cnbc.com

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