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Business

Anusuya Lahiri

Roblox Stock Soars 18% After Blowout Q2—User Growth, Bookings Surge, Big Guidance Boost Wow Wall Street

Roblox Corp

Roblox Corp (NYSE:RBLX) stock gained after it reported fiscal second-quarter results on Thursday. The company reported quarterly bookings growth of 51% year-on-year to $1.44 billion, topping the analyst consensus estimate of $1.21 billion.

The video game developer reported an EPS loss of 41 cents, which missed the analyst consensus estimate of 36 36-cent loss.

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