Roblox (RBLX)’s stock has soared nearly 92% over the past year, fueled not only by accelerating revenue but also by renewed ...
On a net-income basis, Roblox is still losing considerable money. In Q3, the company had a net loss of $257 million, which was worse than its net loss of $240 million in the same quarter of last year.
Roblox's business trajectory has returned to one of growth. The company's long-term goal is to reach 1 billion daily active users. If adoption of the metaverse picks up, Roblox is well-positioned to ...
Video game maker Roblox said on Monday that it is implementing new safety measures for users under 13, including permanently removing the ability to message others outside games on its platform.