earnings
confidence high
sentiment neutral
materiality 0.70
Roblox Q1 2023: Revenue $655M (+22%), bookings $774M (+23%), net loss widens to $268M
Roblox Corp
2023-Q1 EPS reported
-$0.44
revenue$655,344,000
- Revenue $655.3M (+22% YoY); bookings $773.8M (+23% YoY).
- Net loss attributable to common stockholders $268.3M vs $160.2M a year ago.
- DAUs 66.1M (+22%), hours engaged 14.5B (+23%), ABPDAU $11.70 flat YoY.
- CFO expects bookings growth to exceed comp cost growth from Q1 2024 and infrastructure cost growth from H2 2023.
- Net cash from operations $173.8M; net liquidity $2.103B.