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Roblox (RBLX) earnings This autumn 2021

Nike is teaming up with roblox to launch a digital world known as Niketown.

Supply: Nike

Gaming firm Roblox shares fell greater than 11% in after-hours buying and selling Tuesday after lacking fourth-quarter expectations on each the highest and backside strains.

This is how the corporate did versus expectations:

  • Income (bookings): $770 million vs. $772 million anticipated, per Refinitiv consensus estimates
  • Loss per share: 25 cents vs. 13 cents anticipated, per Refinitiv

The corporate additionally reported 49.5 million every day lively customers up 33% year-over-year.

Roblox makes an open gaming platform, which lets gamers create their very own “worlds” the place they’ll work together and play with others over the web and was the primary main firm engaged on the metaverse to go public.

Roblox sells digital foreign money to gamers, which is used to buy digital gadgets within the recreation. Roblox has additionally signed offers with a number of huge manufacturers in latest months, such because the NFL and Nike.

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