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(Reuters) -Videogame platform Roblox raised its forecast for full-year 2024 bookings on Thursday, as it continues to benefit from robust spending within its virtual worlds, sending its shares up ...
Roblox Corp (NYSE:RBLX) stock picked up after it reported fiscal third-quarter 2024 bookings growth of 34% year-on-year to $1.13 billion, beating the analyst consensus estimate of $1.02 billion.
August 1, 2024 at 7:46 AM. ... Roblox forecast third-quarter bookings in the range of $1 billion to $1.03 billion, above estimates of $971.2 million, according to LSEG data.
Roblox bookings rose 34% last quarter and raised the upper end of its full-year guidance as the online gaming platform improved discovery tools for users. ... One of our most popular items of 2024 ...
A month later, Roblox laid off 30 employees in its talent acquisition, citing a slowdown in hiring. [28] In 2024, Roblox partnered with Google to launch "Be Internet Awesome World," a game designed to teach children about online safety in an interactive way. This initiative extends Google's existing Be Internet Awesome program to the Roblox ...
Roblox occasionally hosts real-life and virtual events. They have in the past hosted events such as BloxCon, which was a convention for ordinary players on the platform. [45] Roblox operates annual Easter egg hunts [51] and also hosts an annual event called the "Bloxy Awards", an awards ceremony that also functions as a fundraiser. The 2020 ...
In August 2024, the game partnered with English music artist Charli XCX to promote her 2024 album Brat. [36] The game has also received three Innovation Awards, and in 2024 was one of the most popular games on the site, consistently accumulating over 250,000 active users a day.
Bookings grew by 23% to $3.5 billion, revenue jumped 26% to $2.8 billion, and operating cash flow rose by 24% to $458 million. While Roblox remained in the red that year, it generated plenty of ...
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