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 shares drop by 20% as platform misses target active users
Roblox shares have dropped by 20 percent after the platform's reported daily active users fell short of analysts'
Roblox stock plunges as fourth-quarter daily active users miss expectations
Investing.com - Roblox (NYSE:RBLX) has unveiled lower-than-anticipated daily active users in the fourth quarter, in a sign of a possible slowdown in gaming activity on the platform.
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 sinks 18% to $62.10 after Q4 daily active user miss
EST Roblox (RBLX) sinks 18% to $62.10 after Q4 daily active user missMaximize Your Portfolio with Data Driven Insights:Leverage the power
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,
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 Stock Crashed Today
In other words, not as many people are joining Roblox as hoped. And spending per user is stagnating, a combination that ...
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Roblox stock plummets after active users miss, weak guidance
Roblox shares are tumbling in early trading Thursday.In the fourth quarter, the video game platform reported average daily active users that fell short of estimates. Roblox also issued a ...
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Roblox Must Increase Users, Monetization, and Profits at a Rapid Clip to Justify Current Valuation
The Roblox platform serves as a virtual community that primarily attracts young people—about 40% of daily active users are under 13, and, historically, 80% have been under 25. Users come to ...
Roblox Q4: Strong but Not Strong Enough
Investors might be concerned that Roblox's growth momentum is slowing down. The 21% year-over-year growth in bookings was ...
Roblox CEO talks growth goals after earnings: ‘There's a huge market out there'
In a Thursday interview with CNBC’s Jim Cramer, Roblox CEO Dave Baszucki reflected on the most recent quarter.
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Roblox plummets 16% on disappointing bookings, daily active users miss
Roblox shares plummeted more than 16% on disappointing fourth-quarter bookings and daily active user figures. Daily active users came in at 85.3 million, versus a StreetAccount estimate ...
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 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 ...