Roblox's stock drops 16% after reporting November bookings up 5%-7% to $222M-$225M, far below 22% to 25% company estimates; average bookings per DAU drop 7%-9% (Sofia Pitt/CNBC)
Sofia Pitt / CNBC:
Roblox's stock drops 16% after reporting November bookings up 5%-7% to $222M-$225M, far below 22% to 25% company estimates; average bookings per DAU drop 7%-9% — - Roblox revenue, which it calls booking growth, declined year-over-year due to the strength of the U.S. dollar.
Roblox's stock drops 16% after reporting November bookings up 5%-7% to $222M-$225M, far below 22% to 25% company estimates; average bookings per DAU drop 7%-9% (Sofia Pitt/CNBC)
Reviewed by Ansh Goel
on
December 15, 2022
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