Although Roblox has a large, and frequently loyal, user base, it's having difficulty translating that popularity into profit. It remains well in the red on the bottom line despite revenue growth that has been impressive at times. We'll see if the new advertising initiative coalesces into a solid money-earner for the profit-hungry specialtytech company.$Roblox Corporation(RBLX)$
Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.
Thanks fpr sharing