Roblox: Fourth Quarter Financial Overview

Roblox Reports Fourth Quarter Financial Results

Roblox Corp., headquartered in San Mateo, California, announced a net loss of $316 million for its fourth quarter.

The company reported a loss of $0.45 per share, which was better than the $0.49 per share loss anticipated by analysts surveyed by Zacks Investment Research.

During the quarter, Roblox generated $1.42 billion in revenue. On an adjusted basis, revenue reached $2.22 billion, surpassing analyst expectations of $2.07 billion.

For the entire year, Roblox recorded a total loss of $1.07 billion, or $1.54 per share, with annual revenue totaling $6.79 billion.

Looking ahead to the first quarter ending in March, the company projects revenue between $1.37 billion and $1.42 billion.

For the full year, Roblox anticipates revenue to fall within the range of $6.02 billion to $6.29 billion.