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Roblox Corporation - RBLX STOCK NEWS

Welcome to our dedicated page for Roblox Corporation news (Ticker: RBLX), a resource for investors and traders seeking the latest updates and insights on Roblox Corporation stock.

Roblox Corporation (NASDAQ: RBLX) is a pioneering force in the gaming industry, driving the future of user-generated content and game development. As the world's largest platform for emerging and independent game developers, Roblox empowers users to create, develop, and monetize their own games, or 'experiences.' This innovative approach combines elements of a game engine, publishing platform, online hosting, marketplace, and social network, creating a comprehensive ecosystem for developers and gamers alike.

With over 4.4 million active users spending more than 70 million hours on the platform each month, Roblox has solidified its place as a leader in the user-generated gaming space. The platform runs on a single code base across desktop, iOS, and Android, and boasts an infrastructure capable of supporting nearly 200,000 simultaneous users.

Roblox's business model is unique in that it generates revenue at multiple points within its controlled ecosystem, benefiting from outsourced game development while focusing on creating new tools and monetization techniques for its developers. This strategy not only fosters innovation but also provides developers with unprecedented opportunities to earn money from their creations.

Recent achievements include strategic partnerships and advancements in the Metaverse and NFT space. For instance, Roblox's participation in a new Metaverse project in collaboration with Hangzhou Yuanyuzhou Technology Co., Ltd aims to establish a leading NFT ecosystem in Asia.

As part of its mission to become the global leader in user-generated gaming and creation for all ages, Roblox continues to enhance its platform with new features and capabilities, ensuring it remains at the forefront of the gaming industry. The company’s commitment to innovation and community-driven content makes it an essential player in the evolving landscape of digital entertainment.

For the latest updates and news on Roblox Corporation, visit StockTitan and stay informed about this dynamic and influential company in the gaming world.

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Roblox (NYSE: RBLX) announced it will release its second-quarter 2024 financial results on August 1, 2024, before U.S. markets open.

A conference call to discuss these results is scheduled for the same day at 5:30 am PT / 8:30 am ET.

The conference call will be accessible via a live webcast on the Roblox investor relations website. An online replay and transcript will be available shortly after the call and will remain accessible for at least 12 months.

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e.l.f. (NYSE: ELF) is expanding its collaboration with Roblox (NYSE: RBLX) by becoming the first beauty brand to test real-world commerce on the platform. Within its immersive e.l.f. UP! experience on Roblox, e.l.f. has launched a virtual kiosk where U.S. visitors aged 13 and up can purchase exclusive physical products, including an e.l.f. UP! Pets Hoodie and a selection of cruelty-free lip and SPF products.

The partnership also includes a $50,000 donation to the Humane Society to support animal welfare. The e.l.f. UP! experience has garnered a 96% positivity rating and distributed over one million free virtual items since its launch in November 2023. This initiative aims to merge beauty with immersive digital platforms, teaching the Roblox community about social commerce with purpose.

Renowned Roblox creators, such as SimplyALemon, are involved in designing virtual items, bringing an added layer of creativity and engagement to the project.

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Roblox (NYSE: RBLX) reported strong financial results for the first quarter of 2024, with revenue reaching $801.3 million, up 22% year-over-year. The company posted a record free cash flow of $191.1 million, up 133% year-over-year, and net cash and cash equivalents from operating activities increased by 37%. Despite the net loss attributable to common stockholders of $270.6 million, Roblox remains focused on driving user growth and engagement through strategic initiatives like AI-driven algorithms and platform-wide events.

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Roblox (NYSE: RBLX) has expanded its immersive video ad opportunities to all advertisers, offering a new format to connect with Gen Z consumers on its platform. The new video ads, available through Roblox's self-serve Ads Manager and soon via programmatic media buying, provide brands with genre targeting, brand suitability, and an audience estimator features. The company also announced new measurement partners to offer additional solutions to advertisers. A study conducted by Roblox showed positive user reception of video ads, with users more likely to engage with brands advertised on the platform. Roblox's immersive ads are part of the growing virtual economy on the platform, providing a monetization opportunity for creators and ensuring brand safety and transparency for users.

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Roblox (NYSE: RBLX) will release its first quarter 2024 financial results on May 9, 2024, followed by a conference call to discuss the results. The call will be accessible via webcast on the Roblox investor relations website, with a replay and transcript available afterward.
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Roblox Corporation (NYSE: RBLX) reported strong year-over-year growth in revenue, daily active users, hours engaged, and bookings in its fourth quarter and full year 2023 financial and operational results. The company also issued its full year and first quarter 2024 guidance, showcasing positive trends in net cash provided by operating activities, average monthly unique payers, and covenant adjusted EBITDA. Despite a net loss attributable to common stockholders, Roblox remains optimistic about achieving its long-term goal of attracting over 1 billion daily active users.
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Roblox Corporation (NYSE: RBLX) will report its fourth quarter and full year 2023 financial results on February 7, 2024. The company will host a conference call to discuss the results on the same date.
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Roblox Corporation (NYSE: RBLX) reports strong year-over-year growth in third quarter 2023 financial and operational results, with revenue at $713.2 million, up 38%, and average Daily Active Users at 70.2 million, up 20%. Bookings reached $839.5 million, a 20% increase, and net loss attributable to common stockholders was $277.2 million. Roblox emphasizes platform innovation, growth across all age groups and geographies, and investment in artificial intelligence, brands, and advertising to drive future growth.
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Roblox Corporation (NYSE: RBLX) will report Q3 2023 financial results on Nov. 8, 2023, before the opening of the U.S. markets. A conference call will be held to answer questions.
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Roblox to host Investor Day on November 15, 2023
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FAQ

What does Roblox Corporation do?

Roblox Corporation operates an online platform that allows users to create, develop, and monetize their own games or experiences.

How many active users does Roblox have?

Roblox has over 4.4 million active users who spend more than 70 million hours on the platform each month.

What makes Roblox different from traditional video game publishers?

Unlike traditional publishers, Roblox focuses on developing new tools and monetization techniques for its developers rather than creating new games or franchises.

What platforms does Roblox support?

Roblox runs on a single code base across desktop, iOS, and Android devices.

How does Roblox generate revenue?

Roblox generates revenue at multiple points within its ecosystem, benefiting from outsourced game development and various monetization techniques.

What recent projects has Roblox been involved in?

Roblox recently collaborated on a Metaverse project with Hangzhou Yuanyuzhou Technology Co., Ltd to establish a leading NFT ecosystem in Asia.

What is Roblox's mission?

Roblox's mission is to become the global leader in user-generated gaming and creation for all ages.

How does Roblox support independent game developers?

Roblox provides a comprehensive platform including a game engine, publishing services, online hosting, a marketplace, and social networking to empower developers.

Can developers earn money on Roblox?

Yes, developers on Roblox can monetize their games or experiences through various tools and techniques offered by the platform.

Where can I find the latest news about Roblox Corporation?

You can find the latest news and updates about Roblox Corporation on StockTitan.

Roblox Corporation

NYSE:RBLX

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26.26B
591.30M
5.63%
74.35%
2.65%
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