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Roblox's development priorities might not align with what the community is requesting, with major investments focusing on ...
Roblox Corp (NYSE: RBLX) reported 19% YoY growth in Q1 bookings to $923.80M, beating analyst estimates. Adjusted EPS loss of $(0.43) also beat expectations. Stock dropped 28.3% premarket.
Roblox stock collapsed after the online gaming and social platform missed estimates for users and bookings in the fourth quarter.
Roblox forecast annual bookings below estimates on Thursday, sparking fears that growth at the videogame platform was slowing after years of breakneck progress, sending its shares down 17%.
Roblox Corp posted a bigger quarterly loss on Wednesday, hurt by higher expenses to support the expansion of its platform, sending shares down 12% in premarket trading.
Roblox Studio head Stefano Corazza has opened up about accusations of young developer exploitation on its platform, saying that the opportunity Roblox gives its teenage creators is “a gift.” ...
Roblox Corp (NYSE:RBLX) stock plunged after it reported fiscal first-quarter 2024 bookings growth of 19% year-on-year to $923.80 million, beating the analyst consensus estimate of $922.98 million ...