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(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 ...
October 31, 2024 at 8:49 AM. ... Roblox expects fourth-quarter bookings of $1.34 billion—$1.36 billion ... and an anticipated 30% compound annual growth in free cash flow through 2027. ...
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 ...
The number of hours engaged by players above the age of 13 rose 30% in the April-to-June quarter, and the company now expects annual bookings between $4.18 billion and $4.23 billion, up from its ...
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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.
It slashed its forecast for annual bookings, or revenue through sales, to between $4 billion and $4.10 billion, down from a previous estimate of $4.14 billion to $4.28 billion. ... Roblox has made ...