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Roblox (NYSE: RBLX) is still a long way from generating sustainable profits. ... Roblox Lost $1.2 Billion in 2023. What Investors Need to Know February 17, 2024 — 07:35 am EST.

Roblox lost 33 cents a share on bookings of $1.36 billion in the quarter ended Dec. 31. Analysts polled by FactSet had expected Roblox to lose 45 cents a share on bookings of $1.37 billion.

Shares of Roblox (NYSE: RBLX), the popular online gaming platform, slid 6% through 12:45 p.m. ET Thursday after the company beat on earnings this morning (kind of), but also missed on sales ...

In fact, Roblox lost only $0.43 per share, and its bookings barely edged out expectations at $923.8 million. How bad were Roblox Q1 earnings? So Roblox's report wasn't entirely devoid of good news.

Roblox lost approximately $300 million in Q3'22, and its sales are declining. Average bookings for daily active users, a sales indicator, have fallen 31% from their peak, ...

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In fact, Roblox lost only $0.32 per share -- and so beat earnings. Sales, however, came in short at $893.5 million. Roblox's Q2 earnings. Q2 revenue still grew 31% year over year.