Roblox plummets 11% on disappointing bookings, daily active users miss
Roblox shares plummeted 11% on disappointing fourth-quarter bookings and daily active user figures. Daily active users came in at 85.3 million, versus a StreetAccount estimate of 88.2 million. The results come amid a rocky stretch for the industry after video game developer Electronic Arts cut its forecast last month.
Roblox Shares Fall on Daily Active Users, Bookings Miss
Roblox Corp. shares dropped as much as 20%, the biggest intraday decline since May, after the video-game platform reported daily active users for the fourth quarter that fell short of analysts’ estimates.
Roblox shares drop by 20% as platform misses target active users
Roblox shares have dropped by 20 percent after the platform's reported daily active users fell short of analysts'
RBLX stock plummets 20% after Roblox misses target for daily active users
The gaming company’s fourth quarter earnings report has investors fearing that the platform’s growth is slowing after years of progress. Roblox shares dropped as much as 20% on Thursday after the gaming company reported disappointing fourth quarter results in bookings and daily active-user figures,
Roblox Stock Plummets Over 11% as Bookings, Daily Users Miss Wall Street Estimates
Roblox shares plunged over 11% after the gaming platform missed Wall Street’s fourth-quarter bookings and daily active user estimates. Roblox's reported daily active users grew from the previous year but fell short of analyst expectations,
Why Roblox (RBLX) Shares Are Falling Today
What Happened? Shares of gaming metaverse operator Roblox (NYSE:RBLX) fell 25.2% in the pre-market session after the company reported mixed fourth quarter results. Its daily active users missed and its guidance for 20% bookings growth in 2025 fell short of Wall Street's lofty expectations,
The Hollywood Reporter6d
Snapchat Hits 453M Daily Active Users As Advertising Revenue Grows
By Caitlin Huston Business Writer Snapchat reached 453 million daily active users in the fourth quarter of 2024, up 39 million, or 9 percent year-over-year. The social media company reported ...
1 Number That Shows Why Meta Platforms Is a Screaming Buy
The growth and size of its platform is also driving the increases in its advertising business. Ad impressions were up 6% year ...
Business Insider4d
Stock of the day: Roblox drops 13% after 4th-quarter earnings sparks growth concerns
It also reported that daily active users, a key metric tracked by Wall Street, declined to 85.3 million in the quarter from 88.9 million in the prior quarter. What it means: For a company that's ...
Shacknews6d
Snapchat (SNAP) reports 453 million Daily Active Users (DAUs) in Q4 2024
Snapchat (SNAP) reported its Q4 2024 earnings results today. In addition to beating both earnings per share (EPS) and revenue ...
Morningstar5d
Roblox Must Increase Users, Monetization, and Profits at a Rapid Clip to Justify Current Valuation
The Roblox platform serves as a virtual community that primarily attracts young people—about 40% of daily active users are under 13, and, historically, 80% have been under 25. Users come to the ...
TechCrunch on MSN12d
Threads adds another 20M monthly users since December, reaching 320M
Threads, Meta's microblogging service, is growing at a fast pace as users gravitate to the app over rivals like X. During the ...
NBC New York5d
Roblox plummets 16% on disappointing bookings, daily active users miss
Roblox shares plummeted more than 16% on disappointing fourth-quarter bookings and daily active user figures. Daily active users came in at 85.3 million, versus a StreetAccount estimate of ...