$Roblox Corporation(RBLX)$Roblox announced its metrics for the month of May, which saw a decline in bookings. This has left analysts disappointed. Let us see what they are saying about the stock.
Roblox announced key metrics for the month of May, which were not particularly encouraging. Its estimated bookings in May came in the range of $196 million and $199 million, a decline of 9% to 11% year-over-year. Even so, the estimated average bookings per daily active user dropped between 23% and 24% year-over-year.
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