Roblox Unveils Virtual Career Hub for Candidates to Explore Work Environment
Portfolio Pulse from Anusuya Lahiri
Roblox Corp (RBLX) has launched Roblox Career Center, a virtual hub for early-career candidates to explore the company's work environment. The move comes as part of the company's recruitment efforts, which also included the 2020 acquisition of cognitive assessment firm Imbellus. Roblox recently reported Q2 FY23 bookings growth of 22% YoY to $780.7 million, but missed consensus on top line and EPS. RBLX shares traded lower by 0.85% premarket on the last check Friday.
August 11, 2023 | 1:29 pm
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Roblox's launch of a virtual career hub may attract more potential employees, but the company's missed consensus on top line and EPS could negatively impact the stock in the short term.
The launch of the Roblox Career Center is a positive move for the company's recruitment efforts. However, the company's missed consensus on top line and EPS for Q2 FY23 could negatively impact investor sentiment, leading to a potential decrease in the stock price in the short term.
CONFIDENCE 90
IMPORTANCE 75
RELEVANCE 100