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 Drop by 20% As Daily Active Users Fall Short of Target Goals
Roblox shares have dropped by 20% as the platform’s daily active users fell short of projections, despite record revenues. Roblox’s number of daily active users fell by 4% to 85.3 million in Q4 compared to the previous quarter,
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 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 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.
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 ...
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 posts middling Q4 earnings; share prices drop over 20%
Roblox today posted its Q4 financial earnings, which are decent if not exciting. Its future guidance causes some trepidation.
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 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 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.
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.
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 ...
Roblox Stock Sinks on Bookings Miss and Weak Forecast
Roblox, the online gaming platform, misses analysts’ targets for fourth-quarter bookings and daily active users.