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The latest update is out from Roblox ( (RBLX) ).
On February 6, 2025, Roblox reported its financial results for the fourth quarter and full year of 2024, showcasing notable growth in revenue and bookings by 32% and 21% respectively, as well as an increase in daily active users and engagement hours. Despite a net loss, the company achieved significant improvements in cash flow and adjusted EBITDA, highlighting its operational leverage. Roblox also provided forward-looking guidance for 2025, projecting continued growth in revenue and bookings, and focusing on enhancing its platform through investments in virtual economy and safety features, thereby positioning itself strongly in the competitive gaming industry.
More about Roblox
Roblox Corporation is a global platform that facilitates shared experiences among millions of users. It is primarily focused on the online gaming and entertainment industry, offering a virtual environment where users can create, interact, and explore new digital experiences. The company emphasizes innovation, community engagement, and aims to capture a significant share of the global gaming content market.
YTD Price Performance: 28.26%
Average Trading Volume: 7,593,808
Technical Sentiment Consensus Rating: Sell
Current Market Cap: $49.53B
See more data about RBLX stock on TipRanks’ Stock Analysis page.
