Reported about 5 hours ago
Roblox has upgraded its annual bookings forecast for the third time this year, driven by strong spending on viral games like 'Steal a Brainrot' and surpassing 150 million daily active users. The gaming platform's stock rose 8% in premarket trading as it reported a 70% increase in average daily active users, marking its largest jump in five years. The company now anticipates bookings between $6.57 billion and $6.62 billion for fiscal 2025, significantly higher than previous estimates.
Source: YAHOO