"2023 was a year of testing and learning, 2024 is our year of scale," for Roblox's ad business said Christina Wootton, Roblox's partnerships boss.

SAN MATEO, Calif.-- (BUSINESS WIRE)--Roblox Corporation (NYSE: RBLX) today announced that it will report the company’s third quarter 2023 financial results before the opening of the U.S. markets ...

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.