Why Did Roblox Stock Plunge After Raising Its Revenue Guidance?

May 13, 2024  · Shares of Roblox (NYSE: RBLX) sank after its first-quarter results, despite the virtual gaming platform raising its full-year revenue outlook. The stock is now trading down over 30% year to date.


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Why Did Roblox Stock Plunge After Raising Its Revenue Guidance?

2 weeks from now

May 13, 2024  · Shares of Roblox (NYSE: RBLX) sank after its first-quarter results, despite the virtual gaming platform raising its full-year revenue outlook. The stock is now trading down over 30% year to date.

yahoo.com

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Why Roblox Stock Is Tumbling After Earnings - Investopedia

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1 day ago  · Revenue grew 32% to $988.2 million, beating expectations, and the company's net loss narrowed to $219.6 million, or 33 cents per share, from $323.7 million, or 52 cents a …

investopedia.com

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RBLX Stock Plummets 20% After Roblox Misses Target For Daily

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The company did report revenue up 32% year-over-year, and a 21% year-over-year growth in bookings. But despite the fact that Roblox is set to achieve its third-consecutive year of around …

msn.com

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Roblox's Stock Tumbles After A Big Revenue Miss, And Worries About ...

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May 9, 2024  · For the full year, the company raised its revenue guidance to between $3.450 billion and $3.525 billion from between $3.3 billion and $3.4 billion, but cut its outlook for …

morningstar.com

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Why Roblox Stock Crashed Today - The Motley Fool

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1 day ago  · And that's why Roblox stock was down 11% as of 11 a.m. ET. ... Roblox's numbers were good. Q4 revenue of $988 million was up a whopping 32% year over year and ahead of …

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Stock Of The Day: Roblox Drops 13% After 4th-quarter Earnings …

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20 hours ago  · The move: Roblox stock plunged as much as 20.3% on Thursday, paring that decline to about 13% at 3:05 p.m. ET. The chart: Why: The video game platform released mixed fourth-quarter earnings that ...

yahoo.com

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Why Roblox's Stock Is Dropping In The Face Of Upbeat Results

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Aug 1, 2024  · Why Roblox's stock is dropping in the face of upbeat results. ... Revenue at Roblox rose 31% from a year earlier to come in at $893.5 million. Analysts tracked by FactSet had …

morningstar.com

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Roblox Earnings Beat Expectations. Why The Stock Tumbled. - MSN

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Roblox stock was down 22% to $30.42 on Thursday, its largest percent decrease since 2022, according to Dow Jones Market Data. ... a form of adjusted revenue preferred by videogame …

msn.com

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Roblox Stock Plunges 17% As Key Sales Metric Unexpectedly …

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Aug 9, 2022  · Roblox stock plunges 17% as key sales metric unexpectedly declines again ... Revenue rose 30% to $591.2 million from $454.1 million in the year-ago quarter, but bookings …

marketwatch.com

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Roblox Stock Drops, But Growth Story Remains Intact - MarketBeat

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1 day ago  · Roblox stock price plunge is an opportunity to get in for big gains. A rebound is expected before mid-year. ... Revenue Grows by 32% and Margin Widens. Roblox had a tepid …

marketbeat.com

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Roblox Stock Is Off 40% From Its Peak Price -- Here's Why

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Jan 11, 2022  · Yet, after hitting its all-time-high, Roblox's stock price has corrected by more than 40%. While we can't be sure, there are a few possible reasons behind the recent drop. Image …

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Is Roblox Stock A Buy After Earnings? Why The 75% Plunge Is Not …

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Summary. Roblox got crushed after Q3 earnings, bringing its plunge to 75% since all time highs. There were positive developments in the quarter, with bookings and DAUs growth returning.

seekingalpha.com

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Why Did Roblox Stock Plunge Today? Mixed Q3, Weak EBITDA …

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Roblox (RBLX) shares plunged more than 20% to close at $30.94 on Wednesday after the online video game company reported third-quarter results, with adjusted EBITDA coming in lighter...

seekingalpha.com

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Why Did Roblox Stock Plunge After Raising Its Revenue Guidance …

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S hares of Roblox (NYSE: RBLX) sank after its first-quarter results, despite the virtual gaming platform raising its full-year revenue outlook. The stock is now trading down over 30% year to …

msn.com

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Price Plunge In Roblox Presents Opportunity For Robust Gains

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1 day ago  · Roblox's (NYSE: RBLX) price plunge is an opportunity for robust gains because there is no good reason for the 20% decline, and the fundamental factors driving the business …

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Roblox: I Am Buying The -20% Q4 Stock Plunge - Seeking Alpha

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Roblox’s Q4 results met the company’s guidance on bookings but fell short of consensus, sending shares down more than 20%. Investor concerns likely center on softer DAU trends and a year …

seekingalpha.com

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Why Roblox Stock Dropped Today - The Motley Fool

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Apr 20, 2022  · Most investors are still expecting to see revenue jump over 25% when Roblox posts its first-quarter earnings results on May 10. ... Why Did Roblox Stock Plunge After …

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Here's Why Roblox Stock Was Up Almost 10% In June

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Jul 5, 2022  · But Roblox is still doing better than skeptics thought, and that's helping the video game stock rebound somewhat after it had previously fallen more than 80% from its all-time …

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FAQs about Why Did Roblox Stock Plunge After Raising Its Revenue Guidance? Coupon?

Why did Roblox stock plunge?

Roblox stock plunges, as quarterly revenue falls well below Wall Street forecasts. Photo: AFP/Getty Images Shares of Roblox Corp. tumbled Thursday, toward their biggest selloff in nine months, after the online gaming company reported first-quarter revenue that was well below expectations and provided a downbeat current-quarter outlook. ...

Why did Roblox stock fall?

Roblox shares fell after it reported weaker-than-expected Q1 bookings and lowered its full-year bookings guidance. The company also has a stock-based compensation expense problem. Despite the sell-off in the stock, it may be best to stay on the sidelines. The stock for this gaming platform is down over 30% year to date. ...

Should you buy Roblox (rblx) stock despite a sell-off?

Despite the sell-off in the stock, it may be best to stay on the sidelines. The stock for this gaming platform is down over 30% year to date. Shares of Roblox (RBLX -1.86%) sank after its first-quarter results, despite the virtual gaming platform raising its full-year revenue outlook. The stock is now trading down over 30% year to date. ...

Why did Roblox shares drop 20%?

Roblox shares dropped as much as 20% on Thursday after the gaming company reported disappointing fourth quarter results in bookings and daily active-user figures, creating fear that the growth in the gaming platform is slowing after years of progress. ...

Why did Roblox stock plunge 20% on Thursday?

A dip in Roblox's daily active users sparked growth concerns on Wall Street and sent the stock plunging as much as 20% on Thursday. ...

Why does Roblox make so much money?

The reason largely stems from how the company recognizes its revenue. Roblox makes most of its money by getting a 30% cut on each virtual dollar, called a Robux, spent on its platform. The rest of the money goes toward developers and distributors that create and distribute games and other experiences on its platform. ...

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