Reported about 15 hours ago
Roblox Corp. reported a decline in daily active users for Q4, reaching 85.3 million against analysts' expectations of 88.4 million, leading to a 30% drop in shares during premarket trading. Additionally, the company's bookings amounted to $1.36 billion, slightly below the $1.37 billion forecast. Despite recent growth, Roblox faces scrutiny over online safety for younger players and has implemented new rules to mitigate risks. The company anticipates bookings of $5.2 to $5.3 billion for 2025.
Source: YAHOO