Roblox Q2 EPS $(0.46) Misses $(0.45) Estimate, Sales $680.80M Miss $784.86M Estimate
Portfolio Pulse from Benzinga Newsdesk
Roblox (NYSE:RBLX) reported Q2 losses of $(0.46) per share, missing the analyst consensus estimate of $(0.45) by 2.22 percent. This is a 53.33 percent increase in losses from the same period last year. The company also reported quarterly sales of $680.80 million, missing the analyst consensus estimate of $784.86 million by 13.26 percent, but a 6.39 percent increase over sales of $639.90 million the same period last year.
August 09, 2023 | 12:01 pm
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Roblox's Q2 earnings missed analyst estimates, with a larger loss per share and lower sales than expected.
Roblox's Q2 earnings were lower than expected, with a larger loss per share and lower sales than analysts had predicted. This could negatively impact the company's stock price in the short term.
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