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

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

Roblox Reports First Quarter 2023 Financial Results

May 10, 2023 8:00 AM EDT

Strong year over year growth in Daily Active Users, Hours Engaged, Revenue, and Bookings

SAN MATEO, Calif.--(BUSINESS WIRE)-- Roblox Corporation (NYSE: RBLX), a global platform bringing millions of people together through shared experiences, released its first quarter 2023 financial and operational results today. Separately, Roblox posted a letter to shareholders and supplemental materials on the Roblox investor relations website at ir.roblox.com.

First Quarter 2023 Financial and Operational Highlights

Revenue was $655.3 million, up 22% year-over-year1, and up 24%... More