Sarina Trangle started as a corporate news reporter in October 2024. She previously spent four years on the business desk at Newsday, covering the health industry, commercial real estate and cannabis.

Roblox widened its loss last quarter, even as revenue, net bookings and engagement improved. The videogame company reported a quarterly loss of $323.7 million, versus $289.9 million a year earlier.

Roblox RBLX reported first-quarter 2023 loss of 44 cents per share, missing the Zacks Consensus Estimate by 4.76%. The company had reported a loss of 27 cents per share in the year-ago quarter.

Roblox reported results for the fiscal fourth quarter and full year that beat consensus estimates on the top and bottom lines. Roblox also issued robust full-year guidance. The company expects ...

Roblox's stock has lost around 8% of its value since I covered it in early 2023. The company's growth rate is slowing, and it has not proven its ability to monetize its platform profitably. Roblox's ...

Roblox is an online platform and game creation system where users can design, share, and play games developed by other users. Launched in 2006 by David Baszucki and Erik Cassel, Roblox has gained ...

Developers Aggro Crab and Landfall Games have decried Roblox’s Rise (formerly Cliff), a game that takes more than a few inspirations from their co-developed game Peak. Upset over the “ripoff” and the ...

Dubai: Roblox, one of the world’s most popular online gaming platforms, is under intense scrutiny as technical failures, safety concerns, and a rising tide of lawsuits cast a shadow over its rapid ...