Roblox Plummets as Q1 Results, Guidance Disappoint

Key TakeawaysRoblox shares plummeted in intraday trading Thursday after its first-quarter results and guidance disappointed.Revenue and bookings narrowly missed estimates, with current-quarter and full-year guidance for bookings also below expectations.Despite revenue growing substantially year-over-year, Roblox reported a nearly identical net loss to the first quarter of last year. Shares of Roblox Corp. (RBLX) fell substantially in intraday trading Thursday following the release of the video game company' ...