From CNBC: 2025-02-06 10:19:54

Shares of Roblox dropped 16% as the gaming platform missed Wall Street estimates for bookings and daily active users. Bookings for Q4 were $1.36 billion, slightly below the expected $1.37 billion. Daily active users reached 85.3 million, falling short of estimates. CEO anticipates bookings to range between $5.20 billion and $5.30 billion by 2025. CEO plans to invest in virtual economy and AI-powered safety features. Founded in 2004, Roblox gained popularity during Covid-19, appealing to younger users.



Read more at CNBC:: Roblox plummets 16% on disappointing bookings, daily active users miss