By Zaheer Kachwala (Reuters) -Roblox on Thursday raised its annual bookings forecast for the third time on the back of strong ...
Shares of Roblox (NYSE:RBLX) fell on Thursday after the online gaming platform forecast losses higher than analyst estimates ...
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Why Roblox Stock Sank Today
On a net-income basis, Roblox is still losing considerable money. In Q3, the company had a net loss of $257 million, which was worse than its net loss of $240 million in the same quarter of last year.
Roblox shares slid after the company warned of higher losses for Q4 and 2025, overshadowing robust bookings growth.
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