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Roblox Corp. (NYSE:RBLX) reported first-quarter results after Thursday’s closing bell, beating expectations. However, the company lowered its revenue outlook to below analyst estimates.
Here’s a look at the details inside the report.
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Roblox Q1 Details
Roblox reported quarterly losses of 35 cents per share, which beat the analyst estimate for losses of 39 cents, according to Benzinga Pro data.
Quarterly revenue came in at $1.73 billion, which beat the Street of $1.72 billion.
Average daily active users (DAUs) grew by nearly 34 million from the first quarter …
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