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(Reuters) -Hindenburg Research disclosed a short position in Roblox on Tuesday, alleging that the gaming platform popular among young children inflated metrics including user numbers and engagement.
This week, investors will be eyeing new inflation data, which will offer a look at whether prices have already begun to creep up as some have feared ahead of a major economic reopening. A highly ...
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 ...
This was the first time Roblox offered earnings and revenue guidance to its investors since the company went public in 2021. Roblox's statements included, among other things, that Roblox expected $4.14 billion to $4.28 billion of "bookings" in fiscal year 2024—reflecting 25%-27% annual growth—and $3.3 billion to $3.4 billion annual revenue.
The company said it expects bookings for 2025 to be between $5.20 billion and $5.30 billion, the midpoint of which was below estimates of $5.27 billion according to data compiled by LSEG.
Those additional 33.4 million shares are equal to about $2.3 billion in market cap based on its current stock price. Looking ahead, in addition to its $5.2 billion to $5.3 billion 2025 bookings ...
Missing overprint: A stamp valid for postage only when overprinted but with a missing overprint. [5] Double impression: Stamp, or overprint, was printed twice, one impression offset from the other. [6] Invert error: Part of the stamp is printed upside-down. Inverted overprint: The overprint on the stamp is printed upside-down.
Bookings grew by 23% to $3.5 billion, revenue jumped 26% to $2.8 billion, and operating cash flow rose by 24% to $458 million. While Roblox remained in the red that year, it generated plenty of ...