{"id":85549,"date":"2023-08-10T02:12:15","date_gmt":"2023-08-10T06:12:15","guid":{"rendered":"https:\/\/www.hedgeco.net\/news\/?p=85549"},"modified":"2023-08-10T01:59:13","modified_gmt":"2023-08-10T05:59:13","slug":"roblox-shares-drop-21-after-company-misses-estimates-on-top-and-bottom-line","status":"publish","type":"post","link":"https:\/\/hedgeco.net\/news\/08\/2023\/roblox-shares-drop-21-after-company-misses-estimates-on-top-and-bottom-line.html","title":{"rendered":"Roblox shares drop 21% after company misses estimates on top and bottom line"},"content":{"rendered":"\n<p>(CNBC) Shares of <a href=\"https:\/\/www.cnbc.com\/quotes\/RBLX\/\">Roblox<\/a> closed down more than 21% Wednesday after the company reported&nbsp;<a rel=\"noreferrer noopener\" href=\"https:\/\/ir.roblox.com\/news\/news-details\/2023\/Roblox-Reports-Second-Quarter-2023-Financial-Results\/default.aspx\" target=\"_blank\">second-quarter results<\/a>&nbsp;that missed analysts\u2019 expectations on top and bottom lines. Here\u2019s how the company did: <strong>Loss per share:<\/strong>&nbsp;46 cents loss vs. 45 cents loss per share expected, according to a Refinitiv survey of analysts. <strong>Revenue (bookings)<\/strong>: $781 million vs. $785 million expected, according to Refinitiv.<\/p>\n\n\n\n<p><a href=\"https:\/\/www.cnbc.com\/2023\/08\/09\/roblox-rblx-earnings-q2-2023.html\">To read this article:<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>(CNBC) Shares of Roblox closed down more than 21% Wednesday after the company reported&nbsp;second-quarter results&nbsp;that missed analysts\u2019 expectations on top and bottom lines. Here\u2019s how the company did: Loss per share:&nbsp;46 cents loss vs. 45 cents loss per share expected, [&hellip;]<\/p>\n","protected":false},"author":4,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[4],"tags":[],"class_list":["post-85549","post","type-post","status-publish","format-standard","hentry","category-syndicated"],"_links":{"self":[{"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/posts\/85549","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/users\/4"}],"replies":[{"embeddable":true,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/comments?post=85549"}],"version-history":[{"count":2,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/posts\/85549\/revisions"}],"predecessor-version":[{"id":85551,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/posts\/85549\/revisions\/85551"}],"wp:attachment":[{"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/media?parent=85549"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/categories?post=85549"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/tags?post=85549"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}