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Roblox Is Burning Cash: What Should a Long-Term Investor Do?

·3 min read

Roblox's (NYSE: RBLX) growth hangover is in full swing. The digital entertainment platform that captured millions of new users through 2020 and 2021 just announced a second straight quarter of declining bookings. Other key financial metrics, including average revenue per user and free cash flow, were negative as well.