Roblox: Q1 Earnings Insights

Roblox (NYSE:RBLX) reported its Q1 earnings results on Wednesday, May 10, 2023 at 08:00 AM. Here’s what investors…

Roblox (NYSE:RBLX) reported its Q1 earnings results on Wednesday, May 10, 2023 at 08:00 AM.

Here’s what investors need to know about the announcement.

Earnings

Roblox missed estimated earnings by 10.0%, reporting an EPS of $-0.44 versus an estimate of $-0.4.

Revenue was up $142.61 million from the same period last year.

Past Earnings Performance

Last quarter the company beat on EPS by $0.04 which was followed by a 3.33% drop in the share price the next day.

Here’s a look at Roblox’s past performance:

Quarter Q4 2022 Q3 2022 Q2 2022 Q1 2022
EPS Estimate -0.52 -0.33 -0.21 -0.22
EPS Actual -0.48 -0.50 -0.30 -0.27
Revenue Estimate 881.41M 686.27M 645.00M 639.46M
Revenue Actual 899.43M 701.72M 639.90M 631.21M

To track all earnings releases for Roblox visit their earnings calendar here.

This article was generated by Benzinga’s automated content engine and reviewed by an editor.

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