Roblox shares have dropped by 20% as the platform’s daily active users fell short of projections, despite record revenues.
Roblox today posted its financial results for Q4 2024. The company report overall shows modest growth over the holiday season, but not anything that exceeded anyone’s predictions. It also posted its ...
Roblox stock plunged as much as 20% on Thursday after it reported mixed fourth-quarter earnings. The company reported a decline in daily active users, which sparked growth fears among investors.
Roblox Corp. (RBLX) stock fell sharply on Thursday despite the company beating both revenue and earnings expectations for its most recent quarter. Investors reacted to guidance suggesting operating ...
Up to 88.9 million users visit Roblox each day, seeing it as an invaluable platform for self-expression and identity exploration. As a result, brands are now using Roblox to create incremental revenue ...