Roblox shares have dropped by 20% as the platform’s daily active users fell short of projections, despite record revenues.

Roblox recently posted its Q3 earnings results, showing strong revenues of $713 million on the back of $840 million in net bookings. Outside of the earnings performance, Roblox also broke new ground ...

Roblox shares plunged over 11% after the gaming platform missed Wall Street’s fourth-quarter bookings and daily active user estimates. Roblox's reported daily active users grew from the previous year ...

Roblox today released its financial earnings report for Q3 2023, and the company reports revenue of $713.2 million, a 38% increase year-over-year, as well as bookings of $839.5 million, a 20% increase ...