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Roblox Corp. (NYSE:RBLX) shares rose Wednesday after the gaming platform announced plans to extend age estimation technology ...
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Daily active users in UGC platform Roblox rose by 41% year-over-year to 111.8 million in Q2 as the platform records more growth.
The players it's based on get $600 each. Revenue at Roblox rose 31% from a year earlier to come in at $893.5 million. Analysts tracked by FactSet had been expecting $880.7 million.
The analyst surveyed ~13K teens across the U.S. during this fall and noted that teen active usage of Roblox rose to 46%, up from 34% and 31% in the previous two surveys, with improvements seen ...
The next week, Roblox shares tagged along as the stock market as a whole had a fantastic day. The S&P 500 index gained 1.6%, and the tech-heavy Nasdaq Composite rose by 2.3%.
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