Roblox quarterly bookings disappoint as gaming frenzy wanes
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Roblox Corp. (RBLX) PT Lowered to $45 at Benchmark
February 16, 2022 12:31 PM ESTBenchmark analyst Mike Hickey lowered the price target on Roblox Corp. (NYSE: RBLX) to $45.00 (from $70.00) while maintaining a Sell rating following results.
The analyst commented, "RBLX reported disappointed F4Q22 financial results, with both audience size and player engagement declining in key geographies and... More
Roblox (RBLX) Stock Dropped 13% on Disappointing Q4 Results
February 15, 2022 5:07 PM ESTRoblox (NYSE: RBLX) shares dropped more than 13% after-hours following worse-than-expected Q4 results, with EPS coming in at ($0.25), compared to the consensus estimate of ($0.13). Revenue grew 83% year-over-year to $568.8 million, missing the consensus estimate of $772 million.
The company delivered a 20% year-over-year growth in bookings to... More
