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Shares of Roblox Corp. surged to a record high on Thursday after the video game maker reported higher user numbers and bookings than analysts had expected.
Roblox stock has been hit hard, as have most technology stocks. But the company’s financials are holding up well. Here's a quick run through of the financials of this unique gaming mainstay.
The record came as Roblox saw a peak of 5.26 million concurrent players as well, suggesting strong numbers for April.
Roblox reported higher-than-projected earnings for Q3, but is it a good buy? Here's what investors need to know.