![]() ![]() "They told us to expect single-digit profit margins," later adding: "The Street read that as 9% and it came in at 4.9%, so they really surprised people with how bad their profits were." Pachter cites Amazon CEO Andy Jassy's pivot to profitability after a series of stock losses as inspiration Roblox should aspire to. "They're just not as profitable as I think a $20 billion valuation implies they should be," Michael Pachter, Wedbush Managing Director of Equity Research, tells Yahoo Finance Live. Roblox did see an increase in daily active users and monthly player counts. Missing on earnings estimates with losses of $0.46 per share, the video game company topped revenue expectations by drawing in $780.7 million. Roblox (RBLX) shares are diving after reporting wider-than-expected losses in its second-quarter earnings. The Short-Term Technical score evaluates a stock's trading pattern over the past month and is most useful to short-term stock and option traders.Yahoo Finance Video Roblox needs to learn from 'the Andy Jassy playbook' after Q2 earnings: Analyst Roblox Corp currently has the 61th highest Short-Term Technical score in the Electronic Gaming & Multimedia industry. ![]() This means that the stock's trading pattern over the last month have been neutral. ![]() RBLX gets a average Short-Term Technical score of 60 from InvestorsObserver's proprietary ranking system. The overall score is a great starting point for investors that are beginning to evaluate a stock. ![]() InvestorsObserver's overall ranking system is a comprehensive evaluation and considers both technical and fundamental factors when evaluating a stock. RBLX has a roughly average overall score of 41 meaning the stock holds a better value than 41% of stocks at its current price. Pre-market tends to be more volatile due to significantly lower volume as most investors only trade between standard trading hours. RBLX stock closed at $43.46 and is up $0.63 during pre-market trading. ![]()
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