Even though many of its peer tech companies were focused on cutting costs in 2023, Roblox generated $1.2 billion of red ink for the year compared to $900 million in losses in the prior year.

Aug 15 - Shares of Roblox Corporation fell sharply on Friday as scrutiny mounts over the platform's safety measures for young ...

Roblox Corporation ( RBLX 3.94%), the online gaming platform that's especially popular with teens and younger kids, saw its ...

Roblox Lost $1.2 Billion in 2023. What Investors Need to Know - The Globe and Mail Roblox Corp Cl A (RBLX-N) NYSE Add to Watchlist Create Alerts 35.25 USD -0.38 -1.07% Real-Time Last Update 15:31 ...

Roblox Lost $1.2 Billion in 2023. What Investors Need to Know Demitri Kalogeropoulos, The Motley Fool Sat, Feb 17, 2024, 7:35 AM4 min read ...

In fact, Roblox lost only $0.43 per share, and its bookings barely edged out expectations at $923.8 million.

Roblox, the popular and controversial sandbox game played primarily by children, has released its 2022 financial report, showing a massive loss for the company of over $1 billion.