Roblox shares surged as much as 20% in extended trading Thursday after the company reported results for the fourth fiscal quarter that beat consensus estimates.
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Roblox
shares surged as much as 20% in extended trading Thursday after the company reported results for the fourth fiscal quarter that beat consensus estimates.
Here’s how the gaming company did, compared with estimates from analysts polled by LSEG:
The company said it expects first quarter bookings to come in between $1.69 billion and $1.74 billion, which is higher than Wall Street expectations of $1.68 billion.
User and engagement numbers were also strong for gaming platform Roblox, with daily active users up 41% year-over-year, and hours…
Roblox boosted booking guidance for the fiscal year to between $6.57 billion and $6.62 billion
Roblox is facing over 140 federal lawsuits accusing it of failing to prevent child exploitation, and last month settled with…
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