Roblox's (NYSE: RBLX) stock dropped 15% during after-hours trading on Feb. 15 after it posted its fourth-quarter earnings report.
The social gaming company's revenue rose 83% year-over-year to $568.8 million. But its bookings, which more accurately reflect its underlying growth, rose 20% to $770.1 million and missed expectations by $2 million.
Its net loss widened from $58.7 million to $143.3 million, or $0.25 per share, which also broadly missed analyst estimates by $0.13. Its adjusted earnings before interest, taxes, depreciation, and amortization (EBITDA) also declined 26% year-over-year to $168 million.
Source Fool.com