Welcome to our dedicated page for Roblox news (Ticker: RBLX), a resource for investors and traders seeking the latest updates and insights on Roblox stock.
Roblox Corporation (RBLX) operates a leading platform for immersive 3D experiences powered by user-generated content and a sustainable virtual economy. This page aggregates official announcements and verified news about the company's financial performance, platform innovations, and strategic partnerships.
Investors and industry observers will find curated updates on key developments including quarterly earnings results, Robux economy trends, and creator ecosystem expansions. All content is organized to help stakeholders track the company's progress in shaping the future of interactive entertainment.
The news collection covers essential categories such as product launch details, developer incentive programs, and cross-platform engagement metrics. Each update is selected for its relevance to understanding Roblox's unique position at the intersection of gaming, social connectivity, and digital commerce.
Bookmark this page for streamlined access to RBLX's latest corporate communications and third-party analysis. Check regularly for updates that matter to participants in the evolving metaverse economy.
Roblox (NYSE: RBLX) reported strong growth in Q2 2024, with revenue up 31% year-over-year to $893.5 million and bookings up 22% to $955.2 million. The company saw significant increases in key metrics:
- Daily Active Users (DAUs) reached 79.5 million, up 21% YoY
- Hours engaged hit 17.4 billion, up 24% YoY
- Average monthly unique payers grew 22% YoY to 16.5 million
Despite growth, Roblox reported a net loss of $207.2 million. However, the company's cash position improved, with net cash from operating activities up 433% YoY to $151.4 million and free cash flow of $111.6 million, compared to -$95.5 million in Q2 2023.
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.
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.
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.
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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