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Analysts are optimistic about Roblox Corp after its Developers Conference, with BofA Securities maintaining a Buy rating and JPMorgan reaffirming Overweight.
Roblox announced a new short-form video content application and an earnings increase for creators at its developers ...
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 ...
Roblox stock soared 10% on Thursday after the company reported second-quarter revenue that beat expectations amid strong user growth.
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%.
The 21% year-over-year growth in bookings was strong, but not when compared to the 25% growth rate Roblox reported in the fourth quarter of last year.
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