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Roblox stock up 24% after fourth-quarter earnings report beats estimates - TL;DR CNBC

Roblox stock up 24% after fourth-quarter earnings report beats estimates

Publishing timestamp: 2023-02-15 10:42:05


Summary

Roblox reported fourth-quarter earnings that beat analysts' expectations, with 58.8 million average daily active users and 12.8 billion hours engaged in Roblox during the quarter. The company reported a net loss of $289.9 million for the quarter, but its stock was blazing hot in 2021 after its direct listing in March.


Sentiment: POSITIVE

Tickers: RBLX

Keywords: mediatechnologybusiness newsroblox corpinternet

Source: https://www.cnbc.com/2023/02/15/roblox-rblx-earnings-q4-2022.html


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