TL;DR: Roblox was initially released in 2006, offering younger gamers a platform to freely create and share new experiences. The service boasts hundreds of millions of active monthly users, though ...
One of the most anticipated IPOs of 2021 was Roblox Corp RBLX, a popular online game platform. The company saw massive growth during the COVID-19 pandemic with its target audience of kids home from ...
All things being equal, more users mean greater engagement and -- critically -- more revenue. Sure enough, Roblox's top line has expanded thanks to that widening user base. The platform's in-game ...
Roblox reported higher-than-expected earnings for the third quarter. Although the growth wasn’t as fast as it was in 2021, Roblox continues to increase its revenue. The company’s stock went up after ...
Roblox (RBLX) stock fell as much as 12 percent on Monday after the company released its March 2023 update which includes expectations of average bookings (revenue figures from sales of Robux virtual ...