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Roblox Has Strong Q1 2023
For the first quarter ending 3/31/23, Roblox Corporation (NYSE: RBLX) reported record revenue of $655 million, up 22% over the previous year quarter. Bookings for the first quarter were $774 million, up 23% over the previous year. Roblox reported a loss of $268 million for the first quarter 2023 versus $160 million for Q1 2022.
Analysis
Roblox bookings were a record $899 million in the fourth quarter of 2022. Because bookings include defer…..
For the first quarter ending 3/31/23, Roblox Corporation (NYSE: RBLX) reported record revenue of $655 million, up 22% over the previous year quarter. Bookings for the first quarter were $774 million, up 23% over the previous year. Roblox reported a loss of $268 million for the first quarter 2023 versus $160 million for Q1 2022. Analysis Roblox bookings were a record $899 million in the fourth quarter of 2022. Because bookings include deferred rev…..
For the first quarter ending 3/31/23, Roblox Corporation (NYSE: RBLX) reported record revenue of $655 million, up 22% over the previous year quarter. Bookings for the first quarter were $774 million, up 23% over the previous year. Roblox reported a loss of $268 million for the first quarter 2023 versus $160 million for Q1 2022. Analysis Roblox bookings were a record $899 million in the fourth quarter of 2022. Because bookings include deferred rev…..
Roblox Q4 Beats Expectations
For the fourth quarter ending 12/31/22, Roblox Corporation (NYSE: RBLX) reported revenue of $579 million, up 2% over the previous year’s quarter. For the full fiscal year, revenue in 2022 was $2.2 billion, up 16% over 2021. Roblox reported a loss of $924 million for the year.
Bookings for the fourth quarter were $899 million, up 17% over the previous year. For the full year, bookings were up 5% at $2.9 billion.
Analysis
Roblox beat…..
For the fourth quarter ending 12/31/22, Roblox Corporation (NYSE: RBLX) reported revenue of $579 million, up 2% over the previous year’s quarter. For the full fiscal year, revenue in 2022 was $2.2 billion, up 16% over 2021. Roblox reported a loss of $924 million for the year. Bookings for the fourth quarter were $899 million, up 17% over the previous year. For the full year, bookings were up 5% at $2.9 billion. Analysis Roblox beat…..
For the fourth quarter ending 12/31/22, Roblox Corporation (NYSE: RBLX) reported revenue of $579 million, up 2% over the previous year’s quarter. For the full fiscal year, revenue in 2022 was $2.2 billion, up 16% over 2021. Roblox reported a loss of $924 million for the year. Bookings for the fourth quarter were $899 million, up 17% over the previous year. For the full year, bookings were up 5% at $2.9 billion. Analysis Roblox beat…..
Roblox Reports December 2022 Metrics
Ahead of quarterly earnings, Roblox Corporation (NYSE: RBLX) reported that for December 2022 daily active users reached 61.5 million, an 18% year-over-year increase. However, the estimated revenue is expected to be flat to slightly down. Roblox also announced that starting in April 2023 the company will no longer publish monthly metrics.
Analysis
The discontinuation of monthly metrics is probably a positive for Roblox as it will put the focus on lo…..
Ahead of quarterly earnings, Roblox Corporation (NYSE: RBLX) reported that for December 2022 daily active users reached 61.5 million, an 18% year-over-year increase. However, the estimated revenue is expected to be flat to slightly down. Roblox also announced that starting in April 2023 the company will no longer publish monthly metrics. Analysis The discontinuation of monthly metrics is probably a positive for Roblox as it will put the focus on lo…..
Ahead of quarterly earnings, Roblox Corporation (NYSE: RBLX) reported that for December 2022 daily active users reached 61.5 million, an 18% year-over-year increase. However, the estimated revenue is expected to be flat to slightly down. Roblox also announced that starting in April 2023 the company will no longer publish monthly metrics. Analysis The discontinuation of monthly metrics is probably a positive for Roblox as it will put the focus on lo…..
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