Roblox Shares Jump 20% as Company Raises Full-Year…

From Financial Modeling Prep: 2024-10-31 10:35:00

Roblox (NYSE:RBLX) shares surged 20% after raising full-year bookings guidance to $4.34-$4.37 billion for fiscal 2024, exceeding the consensus estimate of $4.22 billion. Third-quarter bookings hit $1.13 billion, surpassing expectations of $1.02 billion. Despite recent challenges, daily active users rose 27% to 88.9 million, with the company expanding offerings to attract older audiences.



Read more at Financial Modeling Prep:: Roblox Shares Jump 20% as Company Raises Full-Year…