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Roblox Stock Surges as Video Game Company's Q4 Results Beat Estimates on Record Bookings
RBLXRoblox(RBLX) Investopedia·2024-02-07 18:25

Key TakeawaysRoblox posted better-than-expected quarterly results as the online video game company's bookings took off and it added users.Bookings, which include sales in a quarter and deferred revenue, hit an all-time high.Roblox's current quarter and full-year bookings guidance came in above estimates.Shares of Roblox (RBLX) surged after the online video game company reported higher-than-forecast quarterly results on the back of record bookings.Bookings, which the company defines as sales as well as the c ...