![]() purchases of “Robux” by users) were down 4% year over year at $639.9 million, that was pretty close to the quarterly target for revenues. ![]() On the first point, Roblox may not have made the $644.4 million in Q2 revenue that Wall Street had hoped for, but the $591.2 million in revenue that it did collect was still up 30% year over year. But then, Roblox recovered all its losses, and actually ended the day up 1.4%.Ĭommenting on Roblox’s earnings, BTIG analyst Clark Lampen encouraged investors to “not overcomplicate this” report, urging them to focus on Roblox’s “accelerating growth,” wide expanses of “runway” remaining for more growth in the future, and the company’s “very manageable” needs for additional investment. Roblox actually lost $0.30 per share - and revenues were worse than expected, too. First, Roblox stock plunged 10% as investors learned that quarterly earnings were worse than the expected $0.23 per share loss. ![]() A strange thing happened to Roblox ( RBLX) after the online gaming platform “missed earnings” in its fiscal Q2 2022 financial report on Tuesday.
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