Roblox shares rocket 20% on earnings beat, strong forecast

Roblox shares rocket 20% on earnings beat, strong forecast


Roblox Corp. headquarters in San Mateo, California, US, on Tuesday, Feb. 3, 2026.

David Paul Morris | Bloomberg | Getty Images

Roblox shares surged as much as 20% in extended trading Thursday after the company reported results for the fourth fiscal quarter that beat consensus estimates.

Here’s how the gaming company did, compared with estimates from analysts polled by LSEG:

  • Losses per share: 45 cents vs. 48 cents expected by analysts
  • Bookings: $2.22 billion vs. $2.05 billion expected by analysts

The company said it expects first quarter bookings to come in between $1.69 billion and $1.74 billion, which is higher than Wall Street expectations of $1.68 billion.

Roblox’s fourth-quarter bookings increased 63% from a year ago, while the company reported $316 million in net loss for the quarter, a nearly 44% increase from $220 million the year prior.

The company reported 144 million average DAUs for the fourth-quarter, up 69% year-over-year. Analysts expected 138 million DAUs.

Roblox announced in its letter to shareholders that it no longer plans to issue annual guidance starting in 2027 due to “inherent variability” in the company’s business. Instead, Roblox said it will focus on providing quarterly guidance.

The company is facing multiple lawsuits alleging that the platform enables predators to sexually exploit and abuse underage victims.

WATCH: Gaming stocks plunge on news of Google AI gaming tool

Gaming stocks plunge on news of Google AI gaming tool



Source

Crypto bill talks picking up in Senate after clearing a key vote, Sen. Boozman says
Technology

Crypto bill talks picking up in Senate after clearing a key vote, Sen. Boozman says

Senate Agriculture Committee Chairman John Boozman, R-Ark., said he feels “very strongly” about reaching Senate agreement — likely this year — on a cryptocurrency market structure bill, even after Democrats backed out of supporting the version his committee advanced last week. “Everybody is really working hard right now and I think getting it through a committee […]

Read More
Reddit reported fourth-quarter earnings and revealed strong guidance and  billion buyback
Technology

Reddit reported fourth-quarter earnings and revealed strong guidance and $1 billion buyback

Sopa Images | Lightrocket | Getty Images Reddit shares rose 6% and then receded to flat in after-hours trading on Thursday after the company reported fourth-quarter earnings that beat on the top and bottom lines and gave strong guidance for the start of 2026. Here’s how the company did compared with LSEG estimates: Earnings per […]

Read More
Good news in a sea of pain sends 2 non-tech stocks higher in Thursday’s down market
Technology

Good news in a sea of pain sends 2 non-tech stocks higher in Thursday’s down market

Every weekday, the CNBC Investing Club with Jim Cramer releases the Homestretch — an actionable afternoon update, just in time for the last hour of trading on Wall Street. The S & P 500 and Nasdaq were sinking for the third straight session as the rotation out of tech and into the less flashy areas […]

Read More