Roblox Narrows Q3 Loss to $227 Million as Revenue Rises 15.6% to $1.572 Billion
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Roblox Corp (RBLX) reported a third-quarter loss of $227 million, or $0.32 per share, narrowing from a loss of $256 million, or $0.37 per share, in the same period last year. Revenue for the quarter rose 15.6% to $1.572 billion from $1.360 billion a year earlier, the company said. The results reflect continued top-line growth alongside a reduced GAAP net loss. For the next quarter, Roblox guided revenue to a range of $1.470 billion to $1.580 billion.
ByTicklex Editorial