“We plan to slow our headcount growth rate and expect to generate operating leverage beginning in fiscal year 2024 and generally through the end of fiscal year 2025,” the company said in a regulatory filing. The videogame industry is struggling with a slowdown in spending as inflation-weary gamers become more selective in picking popular titles. Shares of the company were set for their worst day in 10 months and on track to erase nearly all its gains this year if losses hold through the session. Online gaming platform Roblox missed estimates for second-quarter bookings on Wednesday as waning demand for its online games and intensifying competition hurt growth, sending its shares down nearly 20%. ![]() Roblox ‘operates illegal gambling ring that preys on children’: lawsuit ![]() Study reveals exactly how much the average streamer made last yearĮlon Musk booed by gamers, faces ‘Bring back Twitter’ chants at LA event
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