Roblox plummets 11% on disappointing bookings, daily active users miss
Roblox shares plummeted 11% on disappointing fourth-quarter bookings and daily active user figures. Daily active users came in at 85.3 million, versus a StreetAccount estimate of 88.2 million. The results come amid a rocky stretch for the industry after video game developer Electronic Arts cut its forecast last month.
Roblox Shares Fall on Daily Active Users, Bookings Miss
Roblox Corp. shares dropped as much as 20%, the biggest intraday decline since May, after the video-game platform reported daily active users for the fourth quarter that fell short of analysts’ estimates.
Roblox Stock Plummets Over 11% as Bookings, Daily Users Miss Wall Street Estimates
Roblox shares plunged over 11% after the gaming platform missed Wall Street’s fourth-quarter bookings and daily active user estimates. Roblox's reported daily active users grew from the previous year but fell short of analyst expectations,
RBLX stock plummets 20% after Roblox misses target for daily active users
The gaming company’s fourth quarter earnings report has investors fearing that the platform’s growth is slowing after years of progress. Roblox shares dropped as much as 20% on Thursday after the gaming company reported disappointing fourth quarter results in bookings and daily active-user figures,
Roblox Stock Tanks As Gaming Platform Misses Targets For Users, Bookings
Roblox stock collapsed after the online gaming and social platform missed estimates for users and bookings in the fourth quarter.
Why Roblox (RBLX) Shares Are Falling Today
What Happened? Shares of gaming metaverse operator Roblox (NYSE:RBLX) fell 25.2% in the pre-market session after the company reported mixed fourth quarter results. Its daily active users missed and its guidance for 20% bookings growth in 2025 fell short of Wall Street's lofty expectations,
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Roblox Is Part Of An "Active Investigation" By SEC
The US Securities and Exchange Commission has confirmed earlier reports about an investigation involving Roblox, but specific ...
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Roblox revenues rose 29% during 2024
Roblox reported its financial results for Q4 and the fiscal year ended December 31, 2024, demonstrating that the ...
Roblox Referenced in Active SEC Investigation, Report Confirms
The eminently popular live service game Roblox is involved in an active investigation by the U.S. Securities and Exchange ...
Roblox joins $27 million industry nonprofit to support online safety
A group of internet businesses, including Roblox, Google, OpenAI, and Discord, have cofounded a nonprofit called Robust Open ...
Stock of the day: Roblox drops 13% after 4th-quarter earnings sparks growth concerns
A dip in Roblox's daily active users sparked growth concerns on Wall Street and sent the stock plunging as much as 20% on ...
Roblox under investigation by the US Securities and Exchange Commission
The US Securities and Exchange Commission (SEC) has launched an investigation involving Roblox.
Why Roblox Stock Is Tumbling After Earnings
Roblox shares swooned Thursday after the online game platform reported fewer-than-expected users during the fourth quarter.
Why Roblox Stock Crashed Today
In other words, not as many people are joining Roblox as hoped. And spending per user is stagnating, a combination that ...
Roblox Corp (RBLX) Q4 2024 Earnings Call Highlights: Record Revenue and User Growth Propel ...
Roblox Corp (RBLX) reports a 32% revenue increase and significant user engagement, setting new benchmarks in the gaming ...