Roblox Corporation (RBLX), a video game developer, on Thursday revised up its annual revenue guidance after better-than expected first-quarter result.
For the full year, the company now expects revenue of $4.290 billion to $4.365 billion, higher than the previous outlook of $4.245 billion to $4.345 billion. On average, analysts polled, forecast the firm to post revenue of $5.26 billion for the year.
Excluding items, annual EBITDA is now projected to be in the range of $205 million to $265 million, compared with the earlier expectation of $190 million to $265 million.
For the second quarter, Roblox anticipates adjusted EBITDA of $25 million to $45 million on revenue of $1.020 billion to $1.045 billion, below analysts' expectations of $1.17 billion.
For the first quarter, Roblox has reported a net loss of $215.056 million, or $0.32 per share, narrower than a loss of $270.604 million, or $0.43 per share, posted for the same period last year. Analysts, on average had projected the firm to post a loss of $0.40 per share.
The company's first-quarter revenue moved up to $1.035 billion from $801.300 million in the previous year.
RBLX was up by 7.47 percent at $72.06 in the pre-market trade on the New York Stock Exchange.
For comments and feedback contact: editorial@rttnews.com
Business News
June 05, 2026 16:18 ET A busy week for economic news flow saw a slew of reports being released that reflected the trends in the U.S. labor market. In Europe, economic growth and inflation data gained attention as the European Central Bank and Bank of England head for policy session later in the month. In Asia, the monetary policy session of the Indian central bank was in focus as the country, a major oil importer, reels under the pressures of a weaker rupee and rising inflation.