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Roblox Corporation - RBLX STOCK NEWS

Welcome to our dedicated page for Roblox Corporation news (Ticker: RBLX), a resource for investors and traders seeking the latest updates and insights on Roblox Corporation stock.

Roblox Corporation (NASDAQ: RBLX) is a pioneering force in the gaming industry, driving the future of user-generated content and game development. As the world's largest platform for emerging and independent game developers, Roblox empowers users to create, develop, and monetize their own games, or 'experiences.' This innovative approach combines elements of a game engine, publishing platform, online hosting, marketplace, and social network, creating a comprehensive ecosystem for developers and gamers alike.

With over 4.4 million active users spending more than 70 million hours on the platform each month, Roblox has solidified its place as a leader in the user-generated gaming space. The platform runs on a single code base across desktop, iOS, and Android, and boasts an infrastructure capable of supporting nearly 200,000 simultaneous users.

Roblox's business model is unique in that it generates revenue at multiple points within its controlled ecosystem, benefiting from outsourced game development while focusing on creating new tools and monetization techniques for its developers. This strategy not only fosters innovation but also provides developers with unprecedented opportunities to earn money from their creations.

Recent achievements include strategic partnerships and advancements in the Metaverse and NFT space. For instance, Roblox's participation in a new Metaverse project in collaboration with Hangzhou Yuanyuzhou Technology Co., Ltd aims to establish a leading NFT ecosystem in Asia.

As part of its mission to become the global leader in user-generated gaming and creation for all ages, Roblox continues to enhance its platform with new features and capabilities, ensuring it remains at the forefront of the gaming industry. The company’s commitment to innovation and community-driven content makes it an essential player in the evolving landscape of digital entertainment.

For the latest updates and news on Roblox Corporation, visit StockTitan and stay informed about this dynamic and influential company in the gaming world.

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Project Lead The Way (PLTW) has released its first learning experience on Roblox called Pathogen Patrol, providing educators with innovative tools for STEM learning. The experience is available to over 150,000 high school students in the PLTW Biomedical Science program and the global Roblox community.
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Roblox Corporation (NYSE: RBLX) reported key metrics for March 2023, showing significant growth. Daily active users (DAUs) reached 66.2 million, a 26% year-over-year increase. Hours engaged were 4.8 billion, also up 26%. Estimated revenue ranged from $212 million to $223 million, reflecting a 15% to 21% year-over-year growth, while estimated bookings were between $247 million and $255 million, rising 23% to 27%. The average bookings per daily active user (ABPDAU) saw a slight decline of 2% to a 1% increase, ranging from $3.73 to $3.85. Notably, Roblox will discontinue its monthly key metrics reports, shifting to quarterly updates to provide a broader view of business performance.

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Roblox Corporation (NYSE: RBLX) will announce its first quarter 2023 financial results before U.S. market opening on May 10, 2023. A conference call will follow at 5:30 am PT / 8:30 am ET to discuss these results. The live webcast can be accessed via Roblox's investor relations website. An online replay and transcript will be available post-call for at least 12 months.

Roblox is dedicated to connecting people worldwide through immersive digital experiences created by its community of millions of creators. Their mission emphasizes optimism and civility, aiming to foster creativity and positive relationships.

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Roblox Corporation (NYSE: RBLX) announced its February 2023 key metrics, revealing a robust growth trajectory. Daily active users reached 67.3 million, a 22% increase year-over-year. Hours engaged grew by 24% to 4.6 billion. Estimated revenue ranged from $214 million to $217 million, a 20% - 22% rise, while estimated bookings were between $243 million and $247 million, reflecting an 18% - 19% increase. However, average bookings per daily active user slightly declined by 2% - 4%. Notably, the company plans to discontinue monthly key metrics releases after March 2023.

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Roblox Corporation (NYSE: RBLX) announced its Q4 and full-year 2022 results, noting a 2% increase in revenue to $579 million year-over-year. Bookings rose by 17% to $899.4 million, and Daily Active Users (DAUs) increased by 19% to 58.8 million. For the full year, revenue reached $2.2 billion, a 16% growth, while bookings totaled $2.9 billion, rising 5%. In January 2023, estimated revenue is projected between $213 million and $216 million, reflecting a year-over-year increase of 22%-24%. The company plans to discontinue monthly metric releases after March 2023 to align reporting with long-term strategies.

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Roblox Corporation (NYSE: RBLX) is set to release its fourth quarter and full year 2022 financial results before the U.S. market opens on Wednesday, Feb. 15, 2023. A conference call will take place the same day at 5:30 am PT / 8:30 am ET, where management will discuss the results and address questions. The call will be accessible via the Roblox investor relations website, and a replay and transcript will be available for at least 12 months thereafter.

Roblox aims to connect users worldwide through immersive digital experiences, highlighting their commitment to building a safe and diverse community.

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Roblox Corporation (NYSE: RBLX) reported key metrics for December 2022, showing a significant increase in daily active users (DAUs) to 61.5 million, up 18% year-over-year, and hours engaged totaling 4.7 billion, reflecting a 21% increase. However, estimated revenue fell between $189 million and $199 million, down 1%-6% year-over-year. In contrast, estimated bookings were between $430 million and $439 million, demonstrating growth of 17%-20%. Roblox plans to discontinue monthly metrics after March 2023 to align with a quarterly reporting cadence.

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Roblox Corporation (NYSE: RBLX) reported key metrics for November 2022, highlighting a 15% year-over-year increase in daily active users (DAUs) to 56.7 million. Total hours engaged reached 3.9 billion, up 10% year-over-year. Estimated revenue is projected between $190 million and $193 million, reflecting a 1%-3% increase, while estimated bookings ranged from $222 million to $225 million, a rise of 5%-7%. However, average bookings per daily active user (ABPDAU) fell 7%-9% to $3.92-$3.97 due to currency fluctuations, which negatively impacted growth by approximately 4-5%.

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Roblox Corporation (NYSE: RBLX) reported its Q3 2022 results, showcasing a 2% revenue increase year over year to $517.7 million. The company generated $67.1 million in net cash from operating activities, but faced a free cash flow loss of $(67.7) million. Bookings rose by 10% to $701.7 million, with Average Daily Active Users (DAUs) at 58.8 million, up 24%. However, Average Bookings per DAU (ABPDAU) decreased by 11% to $11.94. The company aims for long-term shareholder value through disciplined capital allocation.

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FAQ

What is the current stock price of Roblox Corporation (RBLX)?

The current stock price of Roblox Corporation (RBLX) is $51.44 as of November 1, 2024.

What is the market cap of Roblox Corporation (RBLX)?

The market cap of Roblox Corporation (RBLX) is approximately 33.9B.

What does Roblox Corporation do?

Roblox Corporation operates an online platform that allows users to create, develop, and monetize their own games or experiences.

How many active users does Roblox have?

Roblox has over 4.4 million active users who spend more than 70 million hours on the platform each month.

What makes Roblox different from traditional video game publishers?

Unlike traditional publishers, Roblox focuses on developing new tools and monetization techniques for its developers rather than creating new games or franchises.

What platforms does Roblox support?

Roblox runs on a single code base across desktop, iOS, and Android devices.

How does Roblox generate revenue?

Roblox generates revenue at multiple points within its ecosystem, benefiting from outsourced game development and various monetization techniques.

What recent projects has Roblox been involved in?

Roblox recently collaborated on a Metaverse project with Hangzhou Yuanyuzhou Technology Co., Ltd to establish a leading NFT ecosystem in Asia.

What is Roblox's mission?

Roblox's mission is to become the global leader in user-generated gaming and creation for all ages.

How does Roblox support independent game developers?

Roblox provides a comprehensive platform including a game engine, publishing services, online hosting, a marketplace, and social networking to empower developers.

Can developers earn money on Roblox?

Yes, developers on Roblox can monetize their games or experiences through various tools and techniques offered by the platform.

Where can I find the latest news about Roblox Corporation?

You can find the latest news and updates about Roblox Corporation on StockTitan.

Roblox Corporation

NYSE:RBLX

RBLX Rankings

RBLX Stock Data

33.93B
598.50M
5.54%
74.66%
5.01%
Electronic Gaming & Multimedia
Services-prepackaged Software
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United States of America
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