Roblox shares rise 10% after company beats estimates and issues strong guidance
Publishing timestamp: 2024-02-08 10:13:48
Summary
Roblox reported strong results for the fiscal fourth quarter and full year, beating consensus estimates on both top and bottom lines. The company also provided robust guidance for the upcoming year. Roblox's bookings, revenue, and average daily active users all showed positive growth. The company expects to attract over 1 billion daily active users in the future.
Sentiment: POSITIVE
Tickers: RBLX,
Keywords: earnings, breaking news: technology, business news, breaking news, technology, roblox corp, breaking news: earnings,
Source: https://www.cnbc.com/2024/02/07/roblox-rblx-q4-2023-earnings.html