Roblox tops quarterly bookings estimates on higher gaming demand
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Benchmark Upgrades Roblox Corp. (RBLX) to Buy, 'Solid Growth Opportunity'
May 11, 2023 6:15 AM EDTBenchmark analyst Mike Hickey upgraded Roblox Corp. (NYSE: RBLX) from Hold to Buy with a price target of $45.00.
The analyst comments "RBLX delivered a mixed F1Q23 financial result, missing consensus view on profitability in the quarter, but delivered strong net bookings growth and a solid return to positive operating... More
Roblox (RBLX) reports wider-than-expected loss in Q1, shares recover after initial slide
May 10, 2023 9:03 AM EDTRoblox (NYSE: RBLX) shares plunged premarket after reporting a worse-than-expected loss per share in the first quarter.
The online game platform reported a loss per share of $0.44 in the first quarter, $0.09 worse than the analyst estimate of a $0.35 loss per share. Meanwhile,... More
