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User and engagement numbers were also strong for gaming platform Roblox, with daily active users up 41% year over year, and hours engaged up 58%.
Roblox Corp (RBLX) reports a 29% increase in revenue and a 26% rise in daily active users, with significant gains in free cash flow and creator earnings.
Roblox's per-share loss was less than expected in the fourth quarter, but it missed expectations on revenue and bookings. Bookings, which is the better indicator of how much top-line growth the ...
S&P assigned a positive outlook to Roblox, reflecting expectations of continued strong user growth, engagement, and increasing monetization.
Roblox's unique, self-service business model generates reliable unit economics and strong loyalty in a premature market. Learn more about RBLX stock here.
Strong Signs of Growth So, why did investors jump on the Roblox bandwagon in late June? One factor that sparked this price recovery was Roblox’s announcement that the company had recorded year ...
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