Roblox: Roblox: Q1 Earnings Snapshot

SAN MATEO, Calif. (AP) - SAN MATEO, Calif. (AP) - Roblox Corp. (RBLX) on Thursday reported a loss of $215.1 million in its first quarter. On a per-share basis, the San Mateo, California -based company said it had a loss of 32 cents . The results topped Wall Street expectations. The average estimate of nine analysts surveyed by Zacks Investment Research was for a loss of 41 cents per share. The online gaming platform posted revenue of $1.04 billion in the period. Its adjusted revenue was $1.21 billion , also beating Street forecasts. Nine analysts surveyed by Zacks expected $1.15 billion . For the current quarter ending in June, Roblox said it expects revenue in the range of $1.17 billion to $1.19 billion . The company expects full-year revenue in the range of $5.29 billion to $5.36 billion . _____ 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 For copyright information, check with the distributor of this item, STATS Perform dba Automated Insights. , source Associated Press News SAN MATEO, Calif. (AP) - SAN MATEO, Calif. (AP) - Roblox Corp. (RBLX) on Thursday reported a loss of $215.1 million in its first quarter. On a per-share basis, the San Mateo, California -based company said it had a loss of 32 cents . The results topped Wall Street expectations. The average estimate of nine analysts surveyed by Zacks Investment Research was for a loss of 41 cents per share. The online gaming platform posted revenue of $1.04 billion in the period. Its adjusted revenue was $1.21 billion , also beating Street forecasts. Nine analysts surveyed by Zacks expected $1.15 billion . For the current quarter ending in June, Roblox said it expects revenue in the range of $1.17 billion to $1.19 billion . The company expects full-year revenue in the range of $5.29 billion to $5.36 billion . _____ 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 For copyright information, check with the distributor of this item, STATS Perform dba Automated Insights. , source Associated Press News