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Sarina Trangle started as a corporate news reporter in October 2024. She previously spent four years on the business desk at Newsday, covering the health industry, commercial real estate and cannabis.
Roblox RBLX reported second-quarter 2024 loss of 32 cents per share, narrower than the Zacks Consensus Estimate of a loss of 37 cents. The company had incurred a loss of 46 cents per share in the year ...
Oppenheimer raised its price target for Roblox shares to $125, a number its shares haven't been near since late 2021. The analysts said the gaming platform's algorithm will give it an edge in ...
Roblox widened its loss last quarter, even as revenue, net bookings and engagement improved. The videogame company reported a quarterly loss of $323.7 million, versus $289.9 million a year earlier.
Roblox reported results for the fiscal fourth quarter and full year that beat consensus estimates on the top and bottom lines. Roblox also issued robust full-year guidance. The company expects ...
Roblox's stock has lost around 8% of its value since I covered it in early 2023. The company's growth rate is slowing, and it has not proven its ability to monetize its platform profitably. Roblox's ...
The new system, combined with verified IDs and parental consent, "will provide a more accurate measure of a user's age" than ...
Carine Harb is Associate Editor at Newsweek, specializing in the My Turn section and expert-related articles. Based in London, UK, her coverage spans entertainment, lifestyle, news, culture, and ...
Congratulations to Roblox, as it not only shattered its previous concurrent user records but also achieved an unprecedented milestone in player engagement. During a highly publicized weekend event, ...
Developers Aggro Crab and Landfall Games have decried Roblox’s Rise (formerly Cliff), a game that takes more than a few inspirations from their co-developed game Peak. Upset over the “ripoff” and the ...
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