![]() ![]() Roblox in itself is a metaverse and one which already has a well-established, loyal customer base. The metaverse and growing Web 3/decentralised architecture is also a positive for Roblox. If the company can deliver another set of results, then the stock could be in for a bullish ride. The next set of Roblox results is set to release in 5 months time. ![]() With revenues, margins, and users all increasing, the future outlook for the company does look great. Its most recent results were excellent, to say the least. As we are reaching the end of our article, we must answer the all-important question: Is Roblox stock a buy or a sell? We have covered a great deal of information regarding Roblox stock. Bookings were also down 8% to 10% year over year, according to the company. However, reservations declined 3% year over year and fell short of expectations. Robloxs online video game and social platform saw a significant increase in players and usage in the March quarter. FactSet polled analysts, who predicted a loss of 22 cents per share on $655.7 million in bookings. Roblox lost 27 cents per share in the March quarter on $631.2 million in bookings. The companys first-quarter earnings were released after the market closed on May 10th. Is Roblox stock a good buy now that the stock market is down? The San Mateo-based company Roblox is a popular video gaming platform that is based on the metaverse, which is a next-generation version of the internet.
0 Comments
Leave a Reply. |
AuthorWrite something about yourself. No need to be fancy, just an overview. ArchivesCategories |