Roblox Shares Drop Nearly 22% Premarket After Cutting Full-Year Bookings Forecast
Roblox shares fell nearly 22% in premarket trading after the company cut its full-year bookings guidance due to headwinds from an age-verification rollout. Q1 results showed mixed performance, with revenue up year-over-year but missing forecasts and engagement metrics falling short of expectations.
Tickers: $RBLX
Topics: age_verification bookings earnings guidance user_growth