The online video game purveyor is apparently not doing as well as it could in the sale of its in-game currency.
Rumors are swirling online that the popular online gaming platform Roblox is shutting down in September. It comes days after Louisiana announced it was suing Roblox. Among the allegations is that ...
Roblox (RBLX) shares swooned Thursday after the company reported fewer-than-expected users in the fourth quarter. The online game platform had 85.3 million average daily active users in the period, up ...
In isolation, Roblox's numbers were good. Q4 revenue of $988 million was up a whopping 32% year over year and ahead of its guidance of $935 million to $960 million. And other metrics, such as bookings ...
Crucially, even after this dip, the stock remains relatively expensive. This high valuation, combined with a track record of ...
Roblox offers a unique gaming platform that draws both users and developers. It has delivered solid operational metrics over the last few quarters. The company has multiple levers to pull to sustain ...
Louisiana is suing Roblox for endangering children with its online gaming platform. The state accuses Roblox of prioritizing profits over child safety. Roblox doesn't actually have any profits. 10 ...