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Shares of Roblox Corp. surged to a record high on Thursday after the video game maker reported higher user numbers and ...
Roblox has broken the record for the most concurrent users on a platform. And it’s all thanks to two huge games.
RBLX's soaring engagement is driving record bookings and payer growth, even as near-term profitability remains pressured.
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 shares have surged after a strong earnings report, but analysts are divided on whether the gaming platform's soaring valuation can last.
Roblox posted strong fiscal second-quarter results earlier this month. Bookings jumped 51% to $1.44 billion, beating estimates.
Roblox raised its annual bookings forecast on Thursday and topped 100 million in daily active users thanks to the viral ...
Despite the lackluster financial numbers, Roblox's bookings of $1.44 billion, daily active users of 111.8 million, and 27.4 billion engagement hours were all above estimates.