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.
Shares of Roblox (NYSE:RBLX) fell on Thursday after the online gaming platform forecast losses higher than analyst estimates ...
Crucially, even after this dip, the stock remains relatively expensive. This high valuation, combined with a track record of ...
Roblox Corporation (NYSE:RBLX) reported third-quarter bookings that far exceeded expectations, powered by surging user ...
Roblox delivered a mixed third-quarter performance that showcased impressive operational growth while raising concerns about profitability. The company reported a net loss of $255.6 million, or $0.37 ...
Investor Ross Gerber, of Gerber Kawasaki Wealth and Investment Management, launched into a scathing attack against video game company Roblox.