In the story, Reuters cited a memo sent to employees. The disclosure comes after Reuters reported in late January that the company postponed its stock market debut because the SEC was scrutinizing the company's method of recognizing revenue through its digital currency. "We have identified a material weakness in our internal control over financial reporting which resulted in our restatement of our financial statements for the years ended Decemand Decemand the nine months ended September 30, 2020," the filing said. Personal Loans for 670 Credit Score or Lower Personal Loans for 580 Credit Score or Lower The 23 analysts offering 12-month price forecasts for Roblox Corp have a high estimate of $60.00 and a low estimate of $19.00.Best Debt Consolidation Loans for Bad Credit This target represents a 14.42% increase from the last price of $39.33. On June 7, 2023, Roblox Corp’s stock (RBLX) showed promising results, with a median target of $45.00, according to data from CNN Money. Roblox Corps Stock Shows Promising Results with 14.42% Increase Target: CNN Money RBLX operates in the technology services sector and the packaged software industry. The annual revenue for the past year was $2.2B, with an annual profit of -$924.4M. The next reporting date for RBLX was August 14, 2023, with an EPS forecast of -$0.44 for this quarter. The P/E ratio for RBLX was not available, but the price/sales ratio was 7.62, and the price/book ratio was 79.69. The revenue growth for the past year was positive at 15.94%. RBLX’s market cap was $24.6B, with an earnings growth of -84.95% last year and -13.13% this year. The average volume for the past three months was 10,967,117. The day’s range was between 39.24 and 40.97, with a volume of 5,225,667. On June 7, 2023, RBLX stock opened at 40.11, lower than the previous close of 41.33. Show more RBLX Stock Analysis: Market Cap, Earnings Growth, and Revenue Growth
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