HomeInvestingEarningsRBLX, TTWO: The Future Of Video Game Stocks

RBLX, TTWO: The Future Of Video Game Stocks

Roblox’s (RBLX) worldwide daily active mobile users grew 29% as timely in-game activations and summer breaks propelled user growth, notes Anthony Bartolacci. He and Logan Gilland discuss video game stocks. They look at the takeaways from RBLX’s 3Q earnings. Its adjusted EPS came in at -$0.45 versus an estimated -$0.52 and revenue came in at $713.20M versus an estimated $829.26M. Gilland mentions that he thinks RBLX highlights what we see as a real player in the space with more and more integration into the metaverse. Bartolacci highlights that Take-Two Interactive’s (TTWO) GTA 6 news overshadowed its disappointing 2Q earnings. Tune in to find out more about the stock market today.

Trading 360

10 Nov 2023

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