News Score: Score the News, Sort the News, Rewrite the Headlines

Roblox stock soars 16% after revenue beat, strong user growth

Thiago PrudĂȘncio | Sopa Images | Lightrocket | Getty ImagesRoblox stock soared 16% Thursday after the company reported second-quarter revenue that beat expectations amid strong user growth.The gaming platform saw $1.44 billion in net bookings, up 51% over the year prior. Analysts polled by LSEG expected $1.24 billion in net bookings for the quarter.User and engagement numbers were also strong for the company, with daily active users at 111.8 million, up 41% year-over-year, and hours engaged at 2...

Read more at cnbc.com

© News Score  score the news, sort the news, rewrite the headlines