Roblox Corporation (NYSE:RBLX) Q2 2023 Earnings Call Transcript

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Matthew Thornton: Appreciate the color.

Operator: And we have time for one more question. Your final question comes from the line of Tom Champion from Piper Sandler. Your line is open.

Unidentified Participant: Hi. This is Jim on for Tom. Thanks for taking the question. I guess one for Dave. So you mentioned some detail around decreases to the premium payout program. Can you just touch on that a little bit?

David Baszucki: I don’t think we’ve mentioned any detail around that. Can you more color on that? [Multiple Speakers]

Michael Guthrie: We’ve addressed premium payouts on the call the comment?

David Baszucki: Yeah. So we’ve been talking about DevEx and also engagement-based payouts. We haven’t announced any changes in either of those programs.

Unidentified Participant: Okay. Great. And then I guess just one more on the developer exchange fee. Is there anything we should keep in mind with respect to like FX here for payouts that are going to non-U.S. dollar developers?

David Baszucki: Yeah. I’ll chime in. I believe we pretty much normalize everything to the U.S. dollar in all of our payouts and do that in real time as we pay out.

Unidentified Participant: Okay. Great. thank you.

Stefanie Notaney: Well, thank you for joining us today. That’s a wrap for us. Rob, you can close it out.

Operator: Thank you. And that does conclude today’s conference call. Thank you for your participation. You may now disconnect.

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