Financial Performance - Revenue for Q4 2024 was $988.2 million, representing a 32% year-over-year increase[6] - Bookings for Q4 2024 reached $1,361.6 million, up 21% year-over-year[6] - Average Daily Active Users (DAUs) were 85.3 million, an increase of 19% year-over-year[6] - Free cash flow for Q4 2024 was $120.6 million, up 54% year-over-year[6] - For FY 2024, revenue was $3,602.0 million, a 29% increase year-over-year, and bookings were $4,369.1 million, up 24% year-over-year[6] - Revenue for the three months ended December 31, 2024, was $988.2 million, a 31.8% increase from $749.9 million in the same period of 2023[19] - Total bookings for Q4 2024 were $1.36 billion, up 20.8% from $1.13 billion in Q4 2023[27] - Adjusted EBITDA for Q4 2024 was $65.6 million, compared to a loss of $44.8 million in Q4 2023[27] - Adjusted EBITDA for FY 2024 was $180.2 million, with a total change in deferrals of $627.5 million[6] Cash Flow and Operating Activities - The net cash provided by operating activities for FY 2024 was $822.3 million, a 79% increase year-over-year[8] - Cash and cash equivalents at the end of the period were $711.7 million, an increase from $678.5 million at the end of the previous year[22] - Net cash provided by operating activities for the twelve months ended December 31, 2024, was $822.3 million, significantly higher than $458.2 million in 2023[22] - Free cash flow for Q4 2024 was $120.6 million, an increase from $78.1 million in Q4 2023[29] Future Guidance - The company expects Q1 2025 revenue guidance between $990 million and $1,015 million[12] - Full year 2025 revenue guidance is projected between $4,245 million and $4,345 million[12] - The projected adjusted EBITDA for Q1 2025 is between $20 million and $40 million[30] Expenses and Costs - Total cost and expenses for the three months ended December 31, 2024, were $1,232.3 million, up from $1,105.1 million in 2023, reflecting an increase of 11.5%[19] - Developer exchange fees for the three months ended December 31, 2024, were $280.6 million, up from $221.8 million in 2023, marking a 26.5% increase[19] - Research and development expenses for the three months ended December 31, 2024, were $355.0 million, compared to $341.1 million in the same period of 2023, reflecting a 4.1% increase[19] - A one-time charge of $17.9 million was recorded for the reassessment of software licenses' useful life in 2024[27] Loss and Deferred Revenue - Consolidated net loss for the three months ended December 31, 2024, was $221.1 million, compared to a net loss of $325.3 million in the same period of 2023, representing a 32.0% improvement[19] - Deferred revenue increased by $385.6 million during the three months ended December 31, 2024, compared to $382.2 million in the same period of 2023[22] User Metrics and Engagement - The estimated average lifetime of a paying user changed from 28 months to 27 months, resulting in an increase in revenue of $12.7 million for the three months ended December 31, 2024[19] - The company aims to support 10% of the global gaming content market and will continue investing in its virtual economy and AI-powered features[7] - The company aims to strengthen its community and support economic growth through its immersive gaming platform[31] Return-to-Office Plan - The company plans to incur cash severance costs related to its return-to-office plan starting summer 2024[28]

Video game stock Roblox Corp (NYSE:RBLX) is up 1.3% at $74.75 at last glance, trading at three-year highs ahead and extending its 85.4% year-over-year gain ahead of earnings. The company will announce its fourth-quarter results before the open on Thursday, Feb. 6, and Wedbush last night raised its price target to $83 from $67.50 ahead of the event. Options traders are chiming in beforehand as well. So far, 62,000 calls and 38,000 puts have been exchanged, which is 3 times the average daily options volume al ...

Kartoon Channel’s Gaming Challenge UK Brings Thrilling Roblox Competitions to the Big Screen, Featuring British Kids Competing For Amazing Prizes After Launch in the UK, The Company Plans to Roll Out Across Multiple Territories BEVERLY HILLS, Calif., Feb. 05, 2025 (GLOBE NEWSWIRE) -- Kartoon Studios (NYSE American:TOON) today announced it will partner with Vue Cinemas to debut the world’s first feature-length game show movie, Kartoon Channel’s Gaming Challenge UK. Set to premiere this Easter, the 85-minute ...

Roblox Corporation (RBLX) is scheduled to report fourth-quarter 2024 results on Feb. 6, before the opening bell.In the last quarter, RBLX reported a loss of 37 cents per share, which was narrower than the Zacks Consensus Estimate and the year-ago quarter’s level.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 trailing four quarters, with the average surprise being 10.95%.RBLX’s Trend in Estimate Revisio ...

Wall Street analysts expect Roblox (RBLX) to post quarterly loss of $0.46 per share in its upcoming report, which indicates a year-over-year increase of 11.5%. Revenues are expected to be $1.38 billion, up 22.2% from the year-ago quarter.The consensus EPS estimate for the quarter has been revised 8.5% higher over the last 30 days to the current level. This reflects how the analysts covering the stock have collectively reevaluated their initial estimates during this timeframe.Prior to a company's earnings an ...

Roblox (RBLX 1.85%) has a lot of long-term potential as it scales and expands its operations. While its gaming platform mainly caters to younger audiences, it has been working on making its experiences appeal to a wider and older range of users, which can unlock even more growth opportunities. There's also massive potential for it to generate significant advertising revenue in the future, by giving marketers unique ways to reach their target markets.The problem, however, is that Roblox isn't profitable yet ...

Roblox (RBLX) is expected to deliver a year-over-year increase in earnings on higher revenues when it reports results for the quarter ended December 2024. This widely-known consensus outlook gives a good sense of the company's earnings picture, but how the actual results compare to these estimates is a powerful factor that could impact its near-term stock price.The earnings report, which is expected to be released on February 6, 2025, might help the stock move higher if these key numbers are better than exp ...

Roblox (RBLX) has recently been on Zacks.com's list of the most searched stocks. Therefore, you might want to consider some of the key factors that could influence the stock's performance in the near future.Over the past month, shares of this online gaming platform have returned +21.1%, compared to the Zacks S&P 500 composite's +1.2% change. During this period, the Zacks Gaming industry, which Roblox falls in, has lost 1.5%. The key question now is: What could be the stock's future direction?While media rel ...

Roblox (RBLX) closed the most recent trading day at $68.43, moving +1.88% from the previous trading session. The stock exceeded the S&P 500, which registered a gain of 0.92% for the day. Meanwhile, the Dow experienced a rise of 0.31%, and the technology-dominated Nasdaq saw an increase of 2.03%.The the stock of online gaming platform has risen by 14.86% in the past month, leading the Consumer Discretionary sector's gain of 1.7% and the S&P 500's gain of 0.81%.The upcoming earnings release of Roblox will be ...

Roblox (RBLX) closed the latest trading day at $66, indicating a -0.15% change from the previous session's end. This move lagged the S&P 500's daily gain of 0.61%. Elsewhere, the Dow gained 0.3%, while the tech-heavy Nasdaq added 1.28%.Heading into today, shares of the online gaming platform had gained 10.98% over the past month, outpacing the Consumer Discretionary sector's loss of 1.39% and the S&P 500's gain of 2.08% in that time.Market participants will be closely following the financial results of Robl ...