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Roblox Corp (NYSE:RBLX) stock gained after it reported fiscal second-quarter 2024 bookings growth of 22% year-on-year to $955.2 million, beating the analyst consensus estimate of $898.5 million.
Q2 revenue still grew 31% year over year. Additionally, the $0.32 in losses was an improvement from the $0.46 per share Roblox lost in Q2 2023. Granted, part of the reason the per-share loss ...
July 15, 2024 at 10:07 AM. Shareholders in Roblox (NYSE: RBLX) have been on a roller-coaster ride over the last few years. The company went public in 2021 as the COVID-19 pandemic was driving the ...
Roblox Corporation. Roblox Corporation ( / ˈroʊblɒks / ROH-bloks) is an American video game developer based in San Mateo, California. Founded in 2004 by David Baszucki and Erik Cassel, the company is the developer of Roblox, which was released in 2006. As of December 31, 2023, the company employs over 2,400 people. [ 1]
Roblox Corp (NYSE: RBLX) released specific critical metrics for September 2022. Roblox's Daily active users (DAUs) grew 23% year-on-year to 57.8 million. User hours engaged were 4.0 billion, up 16 ...
David Baszucki ( / bəˈzuːki /; born January 20, 1963), also known by his Roblox username david.baszucki, formerly builderman, is a Canadian-born American entrepreneur, engineer, and software developer. He is best known as the co-founder and CEO of Roblox Corporation. He previously co-founded and served as the CEO of Knowledge Revolution ...
A monitor displays Roblox Corp. signage on the floor of the New York Stock Exchange (NYSE) in New York, US, on Friday, Feb. 9, 2024. - Michael Nagle/Bloomberg/Getty Images/File Good timing
This was the first time Roblox offered earnings and revenue guidance to its investors since the company went public in 2021. Roblox's statements included, among other things, that Roblox expected $4.14 billion to $4.28 billion of "bookings" in fiscal year 2024—reflecting 25%-27% annual growth—and $3.3 billion to $3.4 billion annual revenue.