Roblox (RBLX) Stock Dropped 13% on Disappointing Q4 Results
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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 quarterly bookings disappoint as gaming frenzy wanes
February 15, 2022 4:10 PM ESTBy Akash Sriram
(Reuters) -Gaming platform Roblox Corp on Tuesday missed Wall Street estimates for quarterly bookings as the pandemic-driven frenzy for its video games waned, sending its shares down more than 13% in extended trading.
Increased outdoor activities since the lifting of restrictions and reopening of schools in North America have affected user spending for pandemic winner Roblox, which is among... More
Roblox (RBLX) Misses Q4 EPS by 12c, Revenue Misses
February 15, 2022 4:06 PM ESTRoblox (NYSE: RBLX) reported Q4 EPS of ($0.25), $0.12 worse than the analyst estimate of ($0.13). Revenue for the quarter came in at $568.8 million versus the consensus estimate of $772 million.
Revenue increased 83% over Q4 2020 to $568.8 millionNet cash provided by operating activities of $122.2 million; Free cash flow was $77.3... More