Roblox: Q2 Earnings Snapshot
SAN MATEO, Calif. (AP) _ Roblox Corp. (RBLX) on Tuesday reported a loss of $176.4 million in its second quarter.
On a per-share basis, the San Mateo, California-based company said it had a loss of 30 cents.
The results did not meet Wall Street expectations. The average estimate of six analysts surveyed by Zacks Investment Research was for a loss of 23 cents per share.
The online gaming platform posted revenue of $591.2 million in the period. Its adjusted revenue was $639.9 million, which beat Street forecasts. Six analysts surveyed by Zacks expected $636.6 million.