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The New York Stock Exchange welcomes executives and guests of Roblox (NYSE: RBLX), today, Wednesday, March 10, 2021, in celebration of its Direct Listing.
NYSE
Roblox reported results on Tuesday that missed analyst estimates on the top and bottom lines.
Here’s how the company did:
- Loss per share: 30 cents vs. 21 cents expected, according to a survey of analysts polled by Refinitiv.
- Revenue: $639.9 million vs. $644.4 million expected, according to Refinitiv.
Shares fell more than 14% in after-hours trading.
The revenue figure is what Roblox calls bookings, which include sales recognized during the quarter and deferred revenue. Bookings declined by 4% year over year. The company generates revenue…
Source cnbc.com
