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Roblox: Q2 Earnings Snapshot
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SAN MATEO, Calif. (AP) — SAN MATEO, Calif. (AP) — Roblox Corp. (RBLX) on Thursday reported a loss of $183 million in its second quarter.

On a per-share basis, the San Mateo, California-based company said it had a loss of 26 cents.

The results exceeded Wall Street expectations. The average estimate of seven analysts surveyed by Zacks Investment Research was for a loss of 33 cents per share.

The online gaming platform posted revenue of $1.47 billion in the period. Its adjusted revenue was $1.56 billion, which did not meet Street forecasts. Eight analysts surveyed by Zacks expected $1.59 billion.

For the current quarter ending in September, Roblox said it expects revenue in the range of $1.58 billion to $1.65 billion.

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This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on RBLX at https://www.zacks.com/ap/RBLX

Disclaimer:This article represents the opinion of the author only. It does not represent the opinion of Webull, nor should it be viewed as an indication that Webull either agrees with or confirms the truthfulness or accuracy of the information. It should not be considered as investment advice from Webull or anyone else, nor should it be used as the basis of any investment decision.
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