All Stories Tagged: RBLX

Roblox has recently begun to explore digital ads in the game in attempts to diversify its revenue.

Roblox user activity continues to grow as the company reported it had 70.2 million Average Daily Active Users in Q3 2023.

Many of Roblox's remote employees will be asked to adhere to a three-day in-office work week or take a severance package by January 2024.

The hit sandbox game will be available on PS4 and PS5 in October.

The Roblox company was unable to achieve bookings that exceeded Wall Street estimates, and loss-per-share was greater than expected.

Reportedly, names, phone numbers, email addresses, dates of birth, and physical addresses of attendees of several years of Roblox Developers Conferences were leaked.

Roblox saw significant growth in DAUs in the most recent quarter.

While Roblox showed a greater-than-expected loss on earnings-per-share, its bookings pushed it past revenue expectations.

Following the release of its March update which suggests average bookings per user will fall YoY, shares of Roblox fell by as much as 12 percent.

The company pulled in a major win which saw its stock value shoot up on its booking for Q4 2022.