Roblox (RBLX) Reports Q2 Loss, Beats Revenue Estimates

Roblox (RBLX) came out with a quarterly loss of $0.41 per share versus the Zacks Consensus Estimate of a loss of $0.46. This compares to a loss of $0.32 per share a year ago. These figures are adjusted for non-recurring items. Ahead of this earnings release, the estimate revisions trend for Roblox was mixed. While the magnitude and direction of estimate revisions could change following the company's just-released earnings report, the current status translates into a Zacks Rank #3 (Hold) for the stock. So, t ...