Roblox announced its Q4 & Full Year 2023 financial results, with an all-time high quarter for revenue and bookings. Q4 revenue was up 30% year-over-year at $749.9M, and bookings exceeded $1B. Cloudflare's Q4 earnings beat and strong outlook led to a surge of 24% in premarket trading, with revenue up 32% year-over-year to $362.5M and steady growth for three consecutive quarters. Cloudflare also raised its guidance for Q1, expecting revenue between $372.5M and $373.5M.
⚠️ JUST IN: *CLOUDFLARE SHARES SURGE 24% IN PREMARKET ON Q4 EARNINGS BEAT, STRONG OUTLOOK $NET https://t.co/DlPe7YSzbR
$NET Q4 earnings results: Revs up 32% y/y to $362.5M. steady revs growth three quarters in a row at 32% y/y. Gross margin was 76.3% Customers w/ $100K ARR up 35% to 2,756 Expect 24Q1 revs to be min $372.5M, up 28% y/y Revs growth growth has stayed at 32% three quarters in a… https://t.co/ifz08tONj8
$NET (+20% after-hours) Nothing but net for Cloudflare after they release strong top and bottom line beats w/ raised guidance Adj EPS: $0.15 vs $0.12 est. Rev: $362.5M vs $353.8M est. Sees Q1 Adj EPS: $0.13 vs $0.12 est. Sees Q1 Rev: $372.5M-$373.5M vs $372.3M est. https://t.co/HSxhsIlzSe
$RBLX Q4 earnings results: Revs up 30% y/y to $749.9M Bookings up 25% y/y to $1,126M DAUs up 22% y/y to 71.5M Avg. Booking/DAU (ABPDAU) up 3% y/y to $15.75 Revs growth in the APAC is the highest, up 39% y/y. Expect 24Q1 revs to be min $755M and bookings to be min $910M, up… https://t.co/j4Ph1bZLRe https://t.co/m8uHNEVKrW
This morning, we announced our Q4 & Full Year 2023 financial results. Q4 was an all-time high quarter for revenue and bookings, with revenue up 30% year-over-year at $749.9M, and bookings over $1B. Read our Q4 & FY 2023 earnings report and Letter to Shareholders.… https://t.co/YUFqeiSKz0