Roblox Misses Bookings Forecast as New Safety Rules Weigh on Growth
Roblox Q2 EPS beat expectations at ($0.26) with $1.6B in bookings, but shares fell on soft Q3 guidance of $1.58–$1.65B due to new age-verification rules.
Roblox Q2 EPS beat expectations at ($0.26) with $1.6B in bookings, but shares fell on soft Q3 guidance of $1.58–$1.65B due to new age-verification rules.
Despite launching Grow a Garden 2, Roblox saw a 5% year-over-year decline in users. Citi maintains a Buy rating and a $70 price target amid Q2 concerns.
Roblox cuts forecast after safety changes hurt users and spending; stock drops. Fewer players than expected.
Roblox adds safer kids accounts with age checks, limited chat, and stricter rules to protect young players from online risks.
Roblox Q2 bookings may hit $1.72B, below Wall Street’s $1.87B forecast, but Citi and Wells Fargo stay positive on the stock.
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