Roblox (RBLX) Stock Falls Despite Earnings Beat as Users Decline

TLDR RBLX stock declined in Friday’s premarket trading following Roblox’s third-quarter earnings report. Roblox’s daily active users dropped 9% year over year to 138 million. The company reported a quarterly loss of $0.32 per share, beating the expected $0.40 loss. Third-quarter bookings reached $1.7 billion, exceeding Wall Street’s $1.62 billion estimate. Roblox expects fourth-quarter bookings [...]

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