Roblox Corp (NYSE:RBLX) shares jumped 8.5% to trade at $65.71 at last check, after the gaming platform reported a strong fourth quarter marked by surging bookings, daily average users, and hours engaged on its platform -- all of which topped Wall Street expectations.
Roblox Corp (NYSE:RBLX) reported a sharp jump in bookings, users and engagement in the fourth quarter, sending its shares up 8.4% in premarket trading. The company posted revenue of $1.4 billion, up 43% from a year earlier, beating Wall Street expectations.
Roblox reported results for the fiscal fourth quarter that beat consensus estimates. The company said it expects first quarter bookings to come in between $1.69 billion and $1.74 billion, which is higher than Wall Street expectations of $1.68 billion.
Roblox forecast fiscal 2026 bookings above Wall Street expectations on Thursday, signaling another year of strong growth in player spending and engagement as the videogame platform aggressively looks to capture 10% of the global gaming market.
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