00:00It's Benzinga bringing Wall Street to Main Street.
00:02ROBLOX shares plunged over 11% after the gaming platform missed Wall Street's fourth quarter
00:07booking and daily active user estimates. ROBLOX reported daily activity users grew
00:12from the previous year but fell short of analysts' expectations, and booking fell
00:16short of expectations as well. ROBLOX expects its 2025 bookings to fall within a projected range,
00:21slightly below analysts' estimates. CEO David Bozuki said that the company will continue
00:26investing in AI-powered discovery, safety, and virtual economy improvements. The stock
00:30remains more than 50% below its November 2021 all-time high. For all things money,
00:35visit Benzinga.com slash GSTV.
Comments