Roblox shares sink as the company’s Q3 earnings release indicate continued challenges on the profitability front. Here’s why ...

Shares of gaming metaverse operator Roblox (NYSE:RBLX) fell 25.2% in the pre-market session after the company reported mixed fourth quarter results. Its daily active users missed and its guidance for ...

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.

While over 70% of Roblox users access it through a mobile device, the Company is expanding its access by adding gaming consoles like the Sony PlayStation 5 (NYSE: SNE) and Microsoft Xbox (NASDAQ: MSFT ...

(Reuters) -Roblox Corp reported a larger-than-expected quarterly loss on Wednesday, as the gaming platform spent more on hiring and its infrastructure, overshadowing solid user growth and sending its ...

Shares of Roblox(NYSE: RBLX) were down 9% as of 10:55 a.m. ET on Friday. On Thursday, the company updated investors on its long-term roadmap for growth and revealed improvements coming to the platform ...

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