Roblox Average Daily Active Users 88.9M (+27% YoY), Average Monthly Unique Payers 19.1M (+30%)
Portfolio Pulse from Benzinga Newsdesk
Roblox reported strong Q3 2024 results with a 29% increase in revenue to $919 million and a 34% rise in bookings to $1.13 billion. Despite a net loss of $239.3 million, the company saw significant growth in daily active users and unique payers, along with a substantial increase in cash flow.
October 31, 2024 | 12:03 pm
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Roblox's Q3 2024 results show strong growth in revenue and bookings, with a significant increase in daily active users and unique payers. Despite a net loss, the company's cash flow improved dramatically.
Roblox's financial results indicate strong operational performance with significant growth in key metrics such as revenue, bookings, and user engagement. The increase in cash flow and liquidity suggests improved financial health, which is likely to positively impact the stock price in the short term.
CONFIDENCE 95
IMPORTANCE 90
RELEVANCE 100