Roblox Reports Revenue Miss and Cuts Full-Year Outlook, Shares Drop 19%
Roblox Corp (NYSE:RBLX) shares fell 19% after reporting first-quarter results that missed revenue and user expectations, while also cutting its full-year guidance. Revenue was $1.4 billion to $1.44 billion, below the $1.74 billion estimate, and daily active users were 132 million, below the 145.65 million forecast.
Tickers: $RBLX
Topics: Company Performance Daily Active Users Earnings Guidance Revenue Miss Stock Price Movement