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Now that Roblox is a public company, we have learned more about its users, engagement and future plans following its results for Q1 2021.
Roblox released its financial results for the full year 2021, reporting a 108% increase in revenue to $1.9 billion.
Roblox will host a live Q&A session to answer questions regarding their fourth quarter and fiscal year 2021 results on Wednesday, February 16, 2022 at 5:30 a.m. Pacific Time.
Roblox shares dropped by as much as 7pc in after-hours trading following the announcement. This is the company’s second earnings report since it went public in March.
Roblox Corp. shares were trading at roughly $49 as of Tuesday and are down about 30% since the company went public through a direct listing in March 2021.
Roblox Corp (NYSE: RBLX) is one of the names commonly mentioned in metaverse conversations as the company continues to reimagine the way people come together through shared experiences.
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