Roblox (RBLX) earnings Q4 2021
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Nike and Roblox have teamed up to create a virtual world named Niketown.
Source: Nike
Gaming company RobloxAfter missing a trading session, shares plunged more than 11% Tuesday afternoon. fourth-quarterExpectations on the bottom and top lines.
Below are the results compared to expectations.
- Bookings (revenue) $770 million vs. $772 million expected, per Refinitiv consensus estimates
- Percentage of loss: 25 cents vs. 13 cents expected, per Refinitiv
Additionally, the company reported that 49.5 million users are active each day. This is an increase of 33% over last year.
Roblox offers an open platform for gaming that lets users create and interact in their “worlds”. It is the first public company to make the game available.
Roblox allows players to sell virtual currency. This can then be used for digital purchases in the game. Roblox also has deals signed with major brands, including the NFL. Nike.
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