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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.
(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 ...
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 ...
A fresh, and quite bullish, analyst note on Roblox (NYSE: RBLX) was a major catalyst lifting the online video game company's stock over the past few days. With that gust of wind at its back Roblox ...
Reaching 70 million plays [136] and 275,000 concurrent players in the first week of its release, it broke the record for the largest launch on Roblox, and it would reach 500 million visits in its first four months. [137] It eventually became the first branded game with one billion visits in August 2024. [138]
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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