ROBLOX CORP -CLASS A (RBLX) Stock News
NYSE:RBLX - New York Stock Exchange, Inc. - US7710491033 - Common Stock - Currency: USD
RBLX Latest News, Press Releases and Analysis
Why Roblox (RBLX) Shares Are Falling Today
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 20% bookings growth in 2025 fell short of Wall Street's lofty expectations, sparking fears about decelerating growth. This is after video game peer Electronic Arts also reported a lackluster quarter.It wasn't all bad though, as sales and EPS beat Wall Street's expectations in the quarter. Still, the market is focused on the guide.
Why Roblox (RBLX) Shares Are Falling Today
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 20% bookings growth in 2025 fell short of Wall Street's lofty expectations, sparking fears about decelerating growth. This is after video game peer Electronic Arts also reported a lackluster quarter.It wasn't all bad though, as sales and EPS beat Wall Street's expectations in the quarter. Still, the
Roblox (RBLX) Q4 2024 Earnings Call Transcript
RBLX earnings call for the period ending December 31, 2024.
Why Roblox Stock Crashed Today
Roblox Stock Sinks Premarket As Q4 Bookings, Key User Metrics Trail Expectations: Retail Fumes Over Loss-Making Streak
Bookings rose 21% to $1.36 billion versus the guidance of $1.336 million to $1.361 million and the consensus of $1.37 billion.
Which stocks are moving before the opening bell on Thursday?
As the US market prepares to open on Thursday, let's get an early glimpse into the pre-market session and identify the stocks leading the pack in terms of gains and losses.
Roblox’s (NYSE:RBLX) Q4 Sales Top Estimates But Stock Drops 21.5%
Gaming metaverse operator Roblox (NYSE:RBLX) reported Q4 CY2024 results exceeding the market’s revenue expectations, with sales up 31.8% year on year to $988.2 million. The company expects next quarter’s revenue to be around $1.00 billion, coming in 2.5% above analysts’ estimates. Its GAAP loss of $0.33 per share was 26.2% above analysts’ consensus estimates.
Roblox’s (NYSE:RBLX) Q4 Sales Top Estimates But Stock Drops 21.5%
Gaming metaverse operator Roblox (NYSE:RBLX) reported Q4 CY2024 results exceeding the market’s revenue expectations, with sales up 31.8% year on year to $988.2 million. The company expects next quarter’s revenue to be around $1.00 billion, coming in 2.5% above analysts’ estimates. Its GAAP loss of $0.33 per share was 26.2% above analysts’ consensus estimates.
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.
Roblox Shares Plummet After Miss on Daily Active Users, Bookings
Roblox Corp., a leading video-game platform, reported daily active users for the quarter that fell short of analysts’ estimates. The company also lowered its bookings estimates for 2025.
Roblox Reports Fourth Quarter and Full Year 2024 Financial Results
Roblox’s ‘Brookhaven RP’ Video Game Is Sold by Mystery Creator
Brookhaven RP, the most popular title on Roblox Corp.’s video-game service, was sold by its mystery creator to Voldex Entertainment Ltd., a startup that specializes in developing user-generated titles.
What's Going On With Roblox Shares Tuesday?
Roblox is anticipated to report 2024 fiscal-year fourth-quarter earnings on Thursday before the market opens.
TikTok Bidders to Offer ‘Significantly’ More Than $20 Billion
A group of American investors vying to buy TikTok with support from top YouTuber MrBeast has secured more than $20 billion for their offer, according to Jesse Tinsley, the tech entrepreneur organizing the bid.
Epic Games’ ‘Fortnite’-Based Roblox-Killer Still Has a Way to Go
Epic Games Inc., publisher of the wildly successful Fortnite video game, launched an initiative two years ago to take on industry leader Roblox Corp. in the fast-growing business of user-generated games.