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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
Shares of Roblox fell more than 13% Wednesday morning after the company reported a third-quarter loss but beat analyst estimates for bookings revenue.
Here’s how the company did:
- Loss per share: 50 cent loss vs. 35 cent loss per share expected, according to Refinitiv
- Revenue (bookings): $702 million vs. $686 million expected, according to Refinitiv
The revenue figure is what Roblox calls bookings, which include sales recognized during the quarter and deferred revenue. Bookings rose by 10% year over year. The company generates revenue…
Source cnbc.com
