Roblox RBLX reported second-quarter 2024 loss of 32 cents per share, narrower than the Zacks Consensus Estimate of a loss of 37 cents. The company had incurred a loss of 46 cents per share in the year ...

Roblox reported results for the fiscal fourth quarter and full year that beat consensus estimates on the top and bottom lines. Roblox also issued robust full-year guidance. The company expects ...

Sarina Trangle started as a corporate news reporter in October 2024. She previously spent four years on the business desk at Newsday, covering the health industry, commercial real estate and cannabis.

Roblox widened its loss last quarter, even as revenue, net bookings and engagement improved. The videogame company reported a quarterly loss of $323.7 million, versus $289.9 million a year earlier.

Roblox is an online platform and game creation system where users can design, share, and play games developed by other users. Launched in 2006 by David Baszucki and Erik Cassel, Roblox has gained ...

Roblox's stock has lost around 8% of its value since I covered it in early 2023. The company's growth rate is slowing, and it has not proven its ability to monetize its platform profitably. Roblox's ...