BUZZ-Roblox slumps after forecasting annual bookings below estimates

Reuters
02-06
BUZZ-Roblox slumps after forecasting annual bookings below estimates

** Gaming platform Roblox's RBLX.N shares fall ~27% to $55.22 in premarket trading

** Co expects bookings for 2025 between $5.20 bln and $5.30 bln, the midpoint of which is below estimates of $5.27 bln - LSEG

** Daily active users fell slightly to 85.3 million in Q4, from 88.9 million in Q3

** Q4 bookings of $1.36 bln missed estimates of $1.37 bln - LSEG

** RBLX stock had risen 26.6% in 2024

(Reporting by Harshita Mary Varghese in Bengaluru)

((HarshitaMary.Varghese@thomsonreuters.com))

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