Roblox Q3 2024 GAAP EPS $(0.37) Beats $(0.38) Estimate, Bookings $1.128B Beat $1.023B Estimate
Portfolio Pulse from Benzinga Newsdesk
Roblox reported better-than-expected Q3 2024 results with a GAAP EPS of $(0.37), beating the estimate of $(0.38). Bookings were $1.128 billion, surpassing the $1.023 billion estimate and showing significant growth from the previous year.
October 31, 2024 | 12:02 pm
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Roblox's Q3 2024 results exceeded expectations with a GAAP EPS of $(0.37) and bookings of $1.128 billion, both beating analyst estimates. This indicates strong performance and growth compared to the previous year.
Roblox's better-than-expected earnings and bookings suggest strong operational performance and growth, likely leading to positive investor sentiment and a short-term increase in stock price.
CONFIDENCE 95
IMPORTANCE 90
RELEVANCE 100