Roblox Stock Plummets After Q2 Miss and Reduced Q3 Guidance

Roblox shares crashed following a miss on its second-quarter user metrics and a significant reduction in its third-quarter bookings guidance. This disappointing outlook triggered multiple downgrades from Wall Street analysts.

31 Jul, 11:45 — 31 Jul, 11:45

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zerohedgeLow31d ago

Roblox Crashes After User Miss, Soft Guidance Triggers Wall Street Downgrades

Roblox Crashes After User Miss, Soft Guidance Triggers Wall Street Downgrades Roblox shares plunged 21% in premarket trading in New York - the most in two years if losses hold through the cash session - after second-quarter users and bookings missed Bloomberg Consensus estimates, reflecting softer engagement following the rollout of new child-safety measures. Daily active users reached 123 million versus the 128.7 million consensus, while bookings totaled $1.56 billion, below th...

By Tyler Durden

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First report: seeking-alpha · 30 Jul, 21:18|Full coverage: 2 · 14h|Window: 14h

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seeking-alpha30 Jul, 21:18First to report

Earnings Snapshot: Roblox slashes Q3 bookings guidance after Q2 miss

14h later

zerohedge31 Jul, 11:45Latest update

Roblox Stock Plummets After Q2 Miss and Reduced Q3 Guidance

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Roblox Crashes After User Miss, Soft Guidance Triggers Wall Street Downgrades

Coverage Timeline

Earnings Snapshot: Roblox slashes Q3 bookings guidance after Q2 miss

Roblox Crashes After User Miss, Soft Guidance Triggers Wall Street Downgrades

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