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Roblox stock collapsed after the online gaming and social platform missed estimates for users and bookings in the fourth quarter.
Roblox responded by banning his accounts and issuing a cease-and-desist notice, while safety officials emphasized that vigilante actions, though well-intentioned, create risks for users.
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 forecast annual bookings below market estimates on Thursday, sparking fears growth at the videogame platform was slowing after years of breakneck progress, sending its shares down 26% in ...
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's forecast adds to worries about the videogame industry, after a lackluster outlook from Electronic Arts, which blamed weak bookings - a key measure of in-game spending - on its struggling ...
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%.
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