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Roblox Tops Bookings Forecasts and Lifts Full-Year Guidance Despite Shares Falling
Roblox Corporation (NYSE:RBLX) reported third-quarter bookings that far exceeded expectations, powered by surging user ...
Shares of Roblox (NYSE:RBLX) fell on Thursday after the online gaming platform forecast losses higher than analyst estimates ...
Roblox is benefitting from unit economies, with bookings growth outpacing the growth in fixed growth. I expect Roblox to exceed management’s full-year guidance for bookings and free cash flow.
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