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While Roblox beat estimates on several key metrics, the stock dropped as Wall Street reacted to Roblox's larger-than-anticipated loss.
Roblox Corp reported a larger-than-expected quarterly loss on Wednesday, as the gaming platform spent more on hiring and its infrastructure, overshadowing solid user growth and sending its shares ...
Roblox shares tumbled 25% on Wednesday after a shortfall in fourth-quarter results. The gaming platform and metaverse proxy lost $0.25 a share, wider than an expected loss of $0.13. Bookings of ...
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