Roblox shares plunged over 11% after the gaming platform missed Wall Street’s fourth-quarter bookings and daily active user estimates. Roblox's reported daily active users grew from the previous year but fell short of analyst expectations, and bookings fell short of expectations. Roblox expects its 2025 bookings to fall within a projected range, slightly below analyst estimates. CEO David Baszucki said the company will continue investing in AI-powered discovery, safety, and virtual economy improvements. The stock remains more than 50% below its November 2021 all-time high.
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00:00It's Benzinga bringing Wall Street to Main Street.
00:02ROBLOX shares plunged over 11% after the gaming platform missed Wall Street's fourth quarter
00:07booking and daily active user estimates. ROBLOX reported daily activity users grew
00:12from the previous year but fell short of analysts' expectations, and booking fell
00:16short of expectations as well. ROBLOX expects its 2025 bookings to fall within a projected range,
00:21slightly below analysts' estimates. CEO David Bozuki said that the company will continue
00:26investing in AI-powered discovery, safety, and virtual economy improvements. The stock
00:30remains more than 50% below its November 2021 all-time high. For all things money,
00:35visit Benzinga.com slash GSTV.