Earnings

Roblox (RBLX) Q3 earnings 2023

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Rafael Henrique | Lightrocket | Getty Images

Shares of Roblox popped 15% on Wednesday after the company released third-quarter results that beat on the top and bottom lines and showed strong user growth.

Here’s how the company did:

  • Loss per share: 45 cent loss vs. 51 cent loss expected by LSEG, formerly known as Refinitiv
  • Revenue (bookings): $839 million vs. $830 million expected by LSEG

The revenue figure is what Roblox calls bookings, a category that includes sales recognized during the quarter and deferred revenue. Bookings rose by 20% year over year. Roblox reported $702 million in bookings in the year-ago quarter. 

The company generates revenue from sales of its virtual currency called…



Source cnbc.com

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