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Roblox raised its fourth quarter bookings forecast to a range of $1.34 billion to $1.36 billion and boosted the upper end of its full-year prediction to a range of $4.34 billion to $4.37 billion.
The results are the latest sign that spending was holding up well on videogames in an uncertain economy, after Electronic Arts raised its annual forecast last week. Roblox said average daily ...
Roblox Corp (NYSE:RBLX) stock picked up after it reported fiscal third-quarter 2024 bookings growth of 34% year-on-year to $1.13 billion, beating the analyst consensus estimate of $1.02 billion.
(Reuters) -Videogame platform Roblox raised its forecast for full-year 2024 bookings on Thursday, as it continues to benefit from robust spending within its virtual worlds, sending its shares up ...
Roblox forecast third-quarter bookings in the range of $1 billion to $1.03 billion, above estimates of $971.2 million, according to LSEG data. Its second-quarter bookings exceeded estimates ...
In Roblox's most recent quarterly results, which ended on Sept. 30, the company's bookings grew by 34% to $1.1 billion. Bookings are mainly made up of the sale of Roblox's virtual currency, Robux.
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(Reuters) -Roblox cut its annual bookings forecast on Thursday, fanning concerns about a slump in the videogame industry and sending its shares down 23% to mark their worst day in more than two years.