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.

Aug 15 - Shares of Roblox Corporation fell sharply on Friday as scrutiny mounts over the platform's safety measures for young ...

Roblox Lost $1.2 Billion in 2023. What Investors Need to Know Demitri Kalogeropoulos, The Motley Fool Sat, Feb 17, 2024, 7:35 AM4 min read In this article: RBLX ...

Roblox Lost $1.2 Billion in 2023. What Investors Need to Know - The Globe and Mail Roblox Corp Cl A (RBLX-N) NYSE Add to Watchlist Create Alerts 35.25 USD -0.38 -1.07% Real-Time Last Update 15:31 ...

According to Reese, Roblox stock, which costs less than $127 after getting hit hard earlier a couple of weeks ago on litigation concerns, could gain nearly 30% over the next 12 months.

Rumours are swirling that could leave millions of young gamers in tears and their parents scrambling for answers.

Roblox, the popular and controversial sandbox game played primarily by children, has released its 2022 financial report, showing a massive loss for the company of over $1 billion.