Roblox Corp (NYSE:RBLX) shares are trading higher by 17.69% at $28.21. Roblox shares have seen continued volatility following the company's recent earnings report from Tuesday's after-hours session.
Roblox reported quarterly losses of 27 cents per share which missed the analyst consensus estimate of a loss of 22 cents by 22.73 percent. The company reported quarterly sales of $537.10 million which missed the analyst consensus estimate of $639.46 million by 16%. This sales figure represents a 39% increase over sales of $386.98 million in the same period last year.
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Roblox operates an online video game platform that lets young gamers create, develop and monetize games.
According to data from Benzinga Pro, Roblox has a 52-week high of $141.60 and a 52-week low of $21.65.
