00:00It's Benzinga, bringing Wall Street to Main Street.
00:02Roblox shares plunged 15.12% in after-hours trading Thursday
00:07after the gaming platform reported third-quarter earnings and revenue
00:11that beat Wall Street estimates, according to Benzinga.
00:15The company posted a loss of $0.32 per share,
00:18narrower than the expected loss of $0.40.
00:21Revenue reached $1.7 billion, topping estimates of $1.62 billion.
00:27CEO David Buzuki said revenue, bookings, and cash flow exceeded company guidance.
00:33He also highlighted artificial intelligence's role in accelerating game creation
00:38and Roblox's ambitions to become a platform for all gaming.
00:42Looking ahead, Roblox expects fourth-quarter revenue between $1.47 billion and $1.58 billion.
00:50For all things money, visit Benzinga.com.
