BRAZIL - 2021/03/30: In this photo illustration Roblox logo seen displayed on a smartphone. Roblox is a multiplayer online game and video game creation system.
But investors may be willing to take a long-term view with Roblox, mainly because of “incremental signs of progress” on quarter to quarter earnings, including size of network and monetization rates. “People are using Roblox as a utility to get together,” said Michael Guthrie, chief financial officer of Roblox during an earnings call ahead of market open on Wednesday morning.
Maybe $RBLX will go bankrupt so I won’t have to buy my kid Robux anymore. 🙄
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