Here's a detailed look inside the Q2 earnings report from Roblox.
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Roblox reported quarterly losses of 26 cents per share, which beat the Street estimate for losses of 30 cents, according to Benzinga Pro data.Quarterly revenue of $1.56 billion was in line with the analyst consensus estimate.Roblox reported the following second quarter highlights:
Average DAUS: 123 million, up 10% year-over-year
Hours engaged: 29 billion, up 5% year-over-year
Average MUPs: 27 million , up 15% year-over-year
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Roblox forecasts quarterly bookings below estimates
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