Roblox Q3 Earnings: Bookings Jump 34%, User Base Hits 89 Million, Raises Annual Outlook

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.

The video game developer reported an adjusted EPS loss of 37 cents, beating the analyst consensus loss estimate of 0.39 cents.

The revenue of the American video game developer grew by 29% Y/Y to $919 million.

Also Read: Roblox Targets 1B Users, Boosting Growth Through Apple, Alphabet, and Shopify Collaborations

The Average Daily Active Users (DAUs) were 88.9 million, up 27% year over year. The Hours Engaged were 20.7 billion, up 29% year ...