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Roblox Tops Bookings Forecasts and Lifts Full-Year Guidance Despite Shares Falling
Roblox Corporation (NYSE:RBLX) reported third-quarter bookings that far exceeded expectations, powered by surging user ...
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Why Roblox Stock Sank Today
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.
Roblox posted a wider third-quarter loss but boosted its revenue forecast for the year as a pair of videogaming crazes ...
Shares of Roblox (NYSE:RBLX) fell on Thursday after the online gaming platform forecast losses higher than analyst estimates ...
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