Roblox(RBLX)
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Roblox: Engaging Bigger Kids With Better Content Drives More Payments
PYMNTS.com· 2024-10-31 18:24
Youth-focused video game and metaverse company Roblox is experience a growth spurt. Users over the age of 13 are now a majority of the company's hundreds of millions of users. "We're currently at less than 3% of our TAM in the gaming market space," executives told investors during the company's third-quarter 2024 earnings call on Thursday (Oct. 31), highlighting that Roblox is transforming into a true platform rather than a collection of gaming experiences. Daily active users (DAU) of Roblox's virtual world ...
Roblox(RBLX) - 2024 Q3 - Earnings Call Transcript
2024-10-31 15:30
Roblox Corporation (NYSE:RBLX) Q3 2024 Earnings Conference Call October 31, 2024 8:30 AM ET Company Participants Stefanie Notaney - Senior Director, Financial and Corporate Communications David Baszucki - Founder and Chief Executive Officer Mike Guthrie - Chief Financial Officer Conference Call Participants Thomas Champion - Piper Sandler Andrew Crum - Stifel Clark Lampen - BTIG Cory Carpenter - JPMorgan Andrew Marok - Raymond James Matthew Cost - Morgan Stanley Brian Pitz - BMO Capital Markets Omar Dessouk ...
Roblox (RBLX) Q3 Earnings: Taking a Look at Key Metrics Versus Estimates
ZACKS· 2024-10-31 14:36
Roblox (RBLX) reported $1.13 billion in revenue for the quarter ended September 2024, representing a year-over-year increase of 34.4%. EPS of -$0.37 for the same period compares to -$0.45 a year ago.The reported revenue represents a surprise of +10.18% over the Zacks Consensus Estimate of $1.02 billion. With the consensus EPS estimate being -$0.38, the EPS surprise was +2.63%.While investors closely watch year-over-year changes in headline numbers -- revenue and earnings -- and how they compare to Wall Stre ...
Roblox (RBLX) Reports Q3 Loss, Tops Revenue Estimates
ZACKS· 2024-10-31 14:11
Roblox (RBLX) came out with a quarterly loss of $0.37 per share versus the Zacks Consensus Estimate of a loss of $0.38. This compares to loss of $0.45 per share a year ago. These figures are adjusted for non-recurring items. This quarterly report represents an earnings surprise of 2.63%. A quarter ago, it was expected that this online gaming platform would post a loss of $0.37 per share when it actually produced a loss of $0.32, delivering a surprise of 13.51%. Over the last four quarters, the company has s ...
Roblox(RBLX) - 2024 Q3 - Quarterly Report
2024-10-31 12:13
Table of Contents UNITED STATES SECURITIES AND EXCHANGE COMMISSION WASHINGTON, DC 20549 FORM 10-Q (Mark One) ☒ QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the quarterly period ended September 30, 2024 OR ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from Commission File Number: 001-39763 Roblox Corporation (Exact Name of Registrant as Specified in its Charter) Delaware 20-0991664 (State or ...
Roblox(RBLX) - 2024 Q3 - Quarterly Results
2024-10-31 12:04
Exhibit 99.1 RQBLOX Roblox Reports Third Quarter 2024 Financial Results 1 Strong Growth Across Core Financial and Operating Metrics; Revenue up 29% year-over-year, Bookings up 34% year-over-year, record DAUs up 27% year-over-year and record Hours Engaged up 29% year-over-year SAN MATEO, Calif., October 31, 2024 - Roblox Corporation (NYSE: RBLX), a global platform bringing millions of people together through shared experiences, released its third quarter 2024 financial and operational results and issued its ...
Roblox Gears Up to Report Q3 Earnings: Here's What You Should Know
ZACKS· 2024-10-30 16:25
Roblox Corporation (RBLX) is scheduled to report third-quarter 2024 results on Oct. 31, before the opening bell.In the last reported quarter, RBLX reported a loss of 32 cents per share, which was narrower than the Zacks Consensus Estimate and the year-ago quarter’s level. Revenues surpassed the consensus mark by 6.5% and increased 22.3% year over year.Stay up-to-date with all quarterly releases: See Zacks Earnings Calendar.Notably, the company’s earnings beat the Zacks Consensus Estimate in each of the trai ...
RBLX INVESTOR NEWS: Roblox Corporation Investors that Suffered Losses are Encouraged to Contact Rosen Law About Ongoing Investigation into the Company – RBLX
GlobeNewswire News Room· 2024-10-28 22:11
NEW YORK, Oct. 28, 2024 (GLOBE NEWSWIRE) -- Rosen Law Firm, a leading investor rights law firm, continues to investigate Roblox Corporation (NYSE: RBLX) for potential violations of the federal securities laws. If you invested in Roblox, you are encouraged to obtain additional information by visiting https://rosenlegal.com/case/roblox-corporation-rblx/. Why did Roblox’s Stock Drop? On October 8, 2024, Hindenburg Research issued a report entitled “Roblox: Inflated Key Metrics For Wall Street And a Pedophile H ...
SHAREHOLDER ALERT: Pomerantz Law Firm Investigates Claims On Behalf of Investors of Roblox Corporation - RBLX
Prnewswire· 2024-10-25 15:00
NEW YORK, Oct. 25, 2024 /PRNewswire/ -- Pomerantz LLP is investigating claims on behalf of investors of Roblox Corporation ("Roblox" or the "Company") (NYSE: RBLX). Such investors are advised to contact Danielle Peyton at [email protected] or 646-581-9980, ext. 7980.The investigation concerns whether Roblox and certain of its officers and/or directors have engaged in securities fraud or other unlawful business practices. [Click here for information about joining the class action]On October 8, 2024, Hindenb ...
Roblox Stock: Key Metrics Surge, Is This the Perfect Entry?
MarketBeat· 2024-10-22 14:35
There are very few opportunities in the stock market that offer discounts on great companies that are still not well-known but that grow at massive rates to become household names and Wall Street favorites in the near future. One of these stocks, with the sort of attractive discount investors would enjoy today, is Roblox Co. NYSE: RBLX, whose stock has suffered a massive sell-off recently.Roblox TodayRBLXRoblox$40.90 +0.59 (+1.46%) 52-Week Range$29.55▼$48.43Price Target$46.14Add to WatchlistThe stock had be ...