Roblox lost $1.35b last year The popular and controversial game has revealed net losses of over $1 billion last year, despite an increase in revenue and bookings.

Even though many of its peer tech companies were focused on cutting costs in 2023, Roblox generated $1.2 billion of red ink for the year compared to $900 million in losses in the prior year.

Roblox Corp. was digging itself out Monday from a three-day outage that shut out millions of users, as investors wiped away more than $1.5 billion of the videogame company's market capitalization.

Rust is a popular survival game that has seen several homages created on the Roblox platform.

Every investor in Roblox Corporation (NYSE:RBLX) should be aware of the most powerful shareholder groups. And the group that holds the biggest piece of the pie are institutions with 68% ownership ...