Roblox falls on downbeat quarterly bookings forecast - RBLX News | RalliesRoblox falls on downbeat quarterly bookings forecast
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RBLX• Shares fall after bookings outlook misses estimates
- Shares of gaming platform Roblox (RBLX.N) fell about 12% to $43.13 in aftermarket trading.
- The company forecast third-quarter bookings below Wall Street estimates, as tougher age-verification measures weigh on onboarding and engagement.
- It expects Q3 bookings between $1.58 billion and $1.65 billion, compared with estimates of $1.77 billion, according to data compiled by LSEG.
- Q2 average daily active users (DAU) fell 7% sequentially to 123 million.
- As of the last close, the stock was down about 40% year to date.
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