Roblox Reports First Quarter 2023 Financial Results

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Analysts bullish on Roblox (RBLX) following strong bookings, incoming inflection point

May 11, 2023 11:25 AM EDT

Roblox (NYSE: RBLX) was upgraded to Buy with a $45 price target at Benchmark on Thursday, while Roth MKM also lifted the stock to Buy, raising the price target to $48 from $37, following the game platform's earnings release.

On Wednesday, before the open, Roblox reported a first-quarter loss per share of... More

Benchmark Upgrades Roblox Corp. (RBLX) to Buy, 'Solid Growth Opportunity'

May 11, 2023 6:15 AM EDT

Benchmark analyst Mike Hickey upgraded Roblox Corp. (NYSE: RBLX) from Hold to Buy with a price target of $45.00.

The analyst comments "RBLX delivered a mixed F1Q23 financial result, missing consensus view on profitability in the quarter, but delivered strong net bookings growth and a solid return to positive operating... More

Roblox (RBLX) reports wider-than-expected loss in Q1, shares recover after initial slide

May 10, 2023 9:03 AM EDT

Roblox (NYSE: RBLX) shares plunged premarket after reporting a worse-than-expected loss per share in the first quarter.

The online game platform reported a loss per share of $0.44 in the first quarter, $0.09 worse than the analyst estimate of a $0.35 loss per share. Meanwhile,... More

Roblox (RBLX) Misses Q1 EPS by 9c

May 10, 2023 8:03 AM EDT

Roblox (NYSE: RBLX) reported Q1 EPS of ($0.44), $0.09 worse than the analyst estimate of ($0.35). Bookings for the quarter came in at $773.8 million versus the consensus estimate of $768.02 million.

For earnings history and earnings-related data on Roblox (RBLX) click here.

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