earnings
confidence high
sentiment positive
materiality 0.80
Roblox Q3 revenue $713.2M (+38% YoY), bookings $839.5M (+20%); DAUs 70.2M
Roblox Corp
2023-Q3 EPS reported
-$1.35
revenue$2,049,335,000
- Net loss attributable to common stockholders $277.2M vs $297.8M a year ago.
- Covenant Adjusted EBITDA $81.1M; free cash flow $59.5M, up from -$67.7M in Q3 2022.
- Infrastructure costs declined 1% YoY on cloud contract renegotiation; personnel cost growth slowed to 22%.
- Guidance: annual and quarterly guidance to begin FY2024; expects CapEx < $100M in 2024 plus ~$80M tenant improvements.
- DAUs grew across all age groups; Japan bookings up 174% YoY; 13-16 and 17-24 age segments grew >22%.