$Roblox Corporation(RBLX)$weird & surprisingly movement in price after report released (to me) yesterday .
1Q22:
Revenue = 537.134M (1Q21 = 386.976M)
Net income = -160.202M (1Q21 = -136.103M)
EPS = -0.27 USD (1Q21 = -0.46 USD)
EPS losses is being diluted by by the increased number of new shares from 291.074M to 588.521M.
Basically is not doing that cool ..., but share price increased upon of the report released
yesterday, 12/5/22 EST? Today post market price also increased
?
Not really sure, but I think the CEO said something about a better 2Q22 , ... though i can't remember what he mentioned
... better sale order on 2Q22
? Long story short, i think is because the CEO mentioned something about 2Q22 that cause the price increased
+
.
If not, it maybe report seem about the same as $Palantir Technologies Inc.(PLTR)$pattern ... Though their stock price reacted differently
... weird.
Welp, good for $Roblox Corporation(RBLX)$shareholders .
DYODD before investing
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