Roblox (NYSE: RBLX) is still a long way from generating sustainable profits. The online game platform and game creation system recently reported that its net losses actually expanded between 2022 and ...
Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. Roblox, the video game platform loved by preteens, earned close to $1.2bn from selling virtual currency to its ...
Roblox Corp (NYSE:RBLX) stock gained after it reported fiscal first-quarter results on Thursday. The company reported quarterly bookings growth of 31% year-on-year to $1.21 billion, topping the ...
Roblox is enjoying momentum in growing and monetizing a large user base. Morgan Stanley estimates that advertising could be a $1 billion annual revenue opportunity. There are risks to consider, but if ...
Net losses for the digital entertainment specialist ballooned last year. Let's take a closer look at Roblox's 2023 losses and its prospects for market-beating shareholder returns from here. Roblox saw ...