Roblox Corporation (NYSE:RBLX) Q3 2023 Earnings Call Transcript

Michael Guthrie: Yes. Hey Tom. So we’ve definitely been able to provide some leverage over time. There are some interesting areas where we could dive in. But generally, a real focus in operating leverage right now is infrastructure and personnel. And we’re doing a really good job there. And those are numbers that will, I think, drive the vast majority of margin improvement over the next few years, next couple of years at least. We’re going to talk more about that at Investor Day. I think you’re comfortable modeling COGS at about where they are today for now. That’s a safe — that’s a fairly safe bet. And think about operating leverage coming more from people costs and from infra costs.

Eric Sheridan: Great, Thank you.

Michael Guthrie: Those are much more in our control.

Eric Sheridan: Thanks.

Operator: I will now turn the call over to Stephanie for closing remarks.

Stefanie Notaney: Thank you for joining us today, and that’s a wrap for us.

Operator: This concludes today’s conference call. Thank you for your participation. And you may now disconnect.