![]() "Since inception we have focused on building a technology platform that enables a large and growing community of creators to build amazing experiences," Roblox founder and CEO David Baszucki said. Roblox continues its long journey in growth mode, as the company set a new record for revenues while also posting steeper losses than it had in the year-ago quarter. Net loss: $268 million, compared to a net loss of $160 million in the year-ago quarter.Bookings: $774 million, up 23% year-over-year.Revenue: $655 million, up 22% year-over-year.Roblox today released its financial earnings report for the first quarter of its fiscal year, following the company's general trend of growing revenues while posting continued losses.įor the three months ended March 31, 2023: ![]() Sign up for the GI Daily here to get the biggest news straight to your inbox ![]()
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