Roblox is benefitting from unit economies, with bookings growth outpacing the growth in fixed growth. I expect Roblox to exceed management’s full-year guidance for bookings and free cash flow.
In Q2 alone, Roblox paid out over $316 million to developers, which was 29% of revenue and 22% of bookings. That’s up big YoY, and it shows how central creators are to the model. In Q2, bookings hit ...
This article originally appeared on Simply Wall St News. Shares of Roblox Corporation ( NYSE:RBLX) closed 42% higher yesterday after the company announced its third quarter financial results. The ...
Management is prioritizing growth investments today. That strategy would change if bookings growth slows or if cash flow turns negative. Follow the cash. Wall Street doesn't like to hear a company ...
Roblox founder and CEO David Baszucki joins 'Mad Money' host Jim Cramer to talk quarterly results, user trends, safety innovations, and more. Got a confidential news tip? We want to hear from you.