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.