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RBLX — Roblox News Story

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Roblox falls on downbeat quarterly bookings forecast

BUZZ-Roblox falls on downbeat quarterly bookings forecast

** Shares of gaming platform Roblox RBLX.N down ~12% at $43.13 in aftermarket trading

** Co forecast third-quarter bookings below Wall Street estimates, as tougher age-verification measures weigh on onboarding and engagement

** Expects Q3 bookings between $1.58 billion and $1.65 billion, compared with estimates of $1.77 billion- data compiled by LSEG

** Q2 average daily active users (DAU) fell 7% sequentially to 123 million

** As of last close, stock down ~40% YTD


(Reporting by Koyena Das from Bengaluru)

((Koyena.das@thomsonreuters.com))

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