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Roblox's cleanup of bots and inactive accounts could be tied to the decline in daily active users, analysts said. The move: Roblox stock plunged as much as 20.3% on Thursday. The chart:
Still, Roblox's projection points to a third consecutive year of roughly 20% growth in bookings, even as rivals grapple with a slowdown in spending from customers stung by sticky inflation.
Roblox is firing on all cylinders. 2024 has turned out to be a great year for Roblox (NYSE: RBLX) as its stock price rose 25% year to date (as of writing), reaching a level not seen since 2022 ...
Roblox's free cash flow grew fivefold in Q2.
Unlike traditional video game companies, Roblox relies on user-generated content to drive engagement and makes most of its money from in-game spending on its virtual currency, Robux.
The bears' fears were not unreasonable, especially as Roblox's revenue growth almost ground to a halt in the third and fourth quarters of 2022 at just 2%. Bookings fell in the first and second ...
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Thank you for joining our Q&A session to discuss Roblox's Q4 and full-year 2024 results. ... That's an all-time high and it's really part of our commitment of moving as much money through our ...