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Roblox Slashes Forecasts Amid Safety Feature Impact
Roblox has significantly cut its annual bookings and revenue forecasts, citing that new safety measures are weighing on user growth and first-quarter results. This led to a plunge in the company's shares.
30 Apr, 20:52 — 1 May, 10:44
The Story
Analyzing sources…
Source Diversity
Source Diversity
Moderate (46/100)3 sources25/33
Spectrum spread— 2/5 buckets covered8/33
Far L
Left
Center1
Center (1)
Reuters
Right2
Right (2)
channel-news-asiawsj
Far R
Geographic diversity— 3 regions13/34
Singapore1US1Intl1
Sources
Showing 3 of 3 sources
ReutersVery High117d ago
Clorox cuts annual profit forecast on weaker demand, rising costs - Reuters
Clorox cuts annual profit forecast on weaker demand, rising costs Reuters
Read full article →wsjHigh117d ago
Roblox Cuts Outlook as Safety Efforts Weigh on First-Quarter Results - WSJ
Roblox Cuts Outlook as Safety Efforts Weigh on First-Quarter Results WSJ
Read full article →channel-news-asiaMostly Factual117d ago
Roblox shares plunge as forecast cut signals safety measures weighing on user growth
Read full article →Coverage Timeline
First report: Reuters · 30 Apr, 20:52|Full coverage: 3 · 14h|Window: 14h
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