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“Roblox Stock Crashes 21% On Q2 Earnings…”

“On Aug. 9, Roblox shares crashed nearly 22% after the videogame company reported earnings below analysts’ expectations. Roblox lost 46 cents per share on bookings of $781 million.

For the June-ended quarter, Roblox notched $781 million in net bookings and $38 million in adjusted earnings before interest, taxes, depreciation and amortization. Analysts polled by FactSet were expecting $785 million and $46 million, respectively…”

https://www.investors.com/research/roblox-rblx-stock-buy-now/?src=A00220

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