Roblox quarterly bookings fall short of expectations

Roblox quarterly bookings fall short of expectations

The company, which is one of the most popular gaming sites for kids around the world, reported a 3% drop in first-quarter bookings to $631.2 million. According to Refinitiv’s IBES statistics, analysts projected $644.8 million.

Roblox Corp missed quarterly bookings predictions on Tuesday, as demand for its online games decreased as children returned to school after pandemic restrictions were lifted.

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