Roblox

Online gaming platform Roblox (NYSE:RBLX): Today announced its fourth quarter and full year 2022 results. According to the financial report, Roblox’s fourth-quarter revenue was $579.0 million, an increase of 2% year-on-year. Net loss attributable to common shareholders was $289.9 million, compared to a net loss of $143.3 million in the year-ago quarter. For the full year 2022, Roblox revenue was $2.2 billion, up 16% year-over-year. Net loss attributable to common shareholders was $924.4 million, compared to a net loss of $491.7 million in 2021.

Roblox (NYSE:RBLX): Online gaming platform Roblox reported game subscription revenue of $899.4 million in the fourth quarter of 2022 versus expectations of $876.2 million. Roblox added that the elderly group is the main source of user growth.

Roblox (NYSE:RBLX) posted a net loss of $290 million in the fourth quarter of 2022, below market expectations of $303 million.