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Roblox Corp (NYSE:RBLX) stock plunged after it reported fiscal first-quarter 2024 bookings growth of 19% year-on-year to $923.80 million, beating the analyst consensus estimate of $922.98 million ...
Roblox's development priorities might not align with what the community is requesting, with major investments focusing on generative AI tools.
(Reuters) -Roblox forecast annual bookings below estimates on Thursday, sparking fears that growth at the videogame platform was slowing after years of breakneck progress, sending its shares down ...
Roblox's forecast adds to worries about the videogame industry, after a lackluster outlook from Electronic Arts, which blamed weak bookings - a key measure of in-game spending - on its struggling ...