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Roblox has been accused of inflating key metrics like its engagement hours by an estimated 100%. Financial research firm Hindenburg Research has argued that Roblox is misleading investors, regulators, ...
A new report alleges that Roblox has been lying regarding its active number of unique players and hours spent in the game.
Roblox Corp (NYSE: RBLX) reports Q3 2024 financial results with strong growth in bookings, daily active users, and engagement hours as well as a beat on EPS and revenue estimates.
Hindenburg alleges Roblox misled investors, overstating daily active users by 25-42% and engagement hours by over 100%. The report accused Roblox of prioritizing growth metrics over child safety ...