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Roblox stock rockets 20% after reporting 'impressive' turnaround from yearlong slide

Por: MarketWatch Business October 17, 2022

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Roblox estimated bookings of $212 million to $219 million for September, even as a stronger dollar against the euro and the British pound adds an estimated 600 basis point headwind to the year-over-year bookings growth rate. Cowen analyst Doug Creutz said in a Monday note that the September performance topped his earlier estimate of $210 million, putting Roblox on track to top the consensus for the quarter despite negative seasonal trends from... + full article



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