Massively multiplayer online game “Roblox” is now valued at more than $2.5 billion following its latest round of investor funding, it announced on Wednesday. “Roblox” raised $150 million in funding ...
Roblox has lost roughly 5% of its total reserves stored in the Silicon Valley Bank during the regulator’s crash. The company disclosed in an SEC filing that the gaming platform owned about $150 ...
The company did post an EPS loss of 41 cents, which missed estimates by five cents. However, revenue soared 21% to $1.08 billion, with bookings of $1.44 billion. Analysts at Bank of America raised ...
Oppenheimer lowered the firm’s price target on Roblox (RBLX) to $150 from $158 and keeps an Outperform rating on the shares. The firm notes the ...