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Shares of Roblox Corp. surged to a record high on Thursday after the video game maker reported higher user numbers and ...
Roblox Corporation ($RBLX), the operator of one of the world’s leading immersive gaming platforms, received a wave of Wall ...
RBLX's soaring engagement is driving record bookings and payer growth, even as near-term profitability remains pressured.
Roblox posted strong fiscal second-quarter results earlier this month. Bookings jumped 51% to $1.44 billion, beating estimates.
User and engagement numbers were also strong for gaming platform Roblox, with daily active users up 41% year over year, and hours engaged up 58%.
Roblox shares have surged after a strong earnings report, but analysts are divided on whether the gaming platform's soaring valuation can last.
Roblox users spent around 10 billion more hours in the second quarter (Q2) of this year than last year. Bookings earnings is a more important metric to Roblox because the company recognizes ...