Hindenburg Research has found that Roblox, an online gaming platform that allows users to create and play games created by others, over-reports the number of users on the platform by 25% to 42%.
Roblox Corp (NYSE:RBLX) stock picked up after it reported fiscal third-quarter 2024 bookings growth of 34% year-on-year to $1.13 billion, beating the analyst consensus estimate of $1.02 billion. The ...
Roblox stock soared 10% on Thursday after the company reported second-quarter revenue that beat expectations amid strong user growth. Stream NBC 5 for free, 24/7, wherever you are. The gaming platform ...
Roblox's daily active users (DAUs) were 67.3 million, up 22% year-over-year. Hours engaged were 4.6 billion, up 24% Y/Y. Roblox's estimated revenue was up 20% - 22% Y/Y at $214 million- $217 million.
Short-selling firm Hindenburg Research said in a report released Tuesday that the videogame platform Roblox RBLX-0.26%decrease; red down pointing triangle has reported inflated user metrics to ...
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