Roblox (RBLX) reduces FY2024 annual bookings forecast on reduced player spending
Roblox has recently begun to explore digital ads in the game in attempts to diversify its revenue.
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Roblox has recently begun to explore digital ads in the game in attempts to diversify its revenue.
The plaintiffs argue that Roblox is allowing and benefiting from an illegal gambling ring that is preying on minors.
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.
Meta Quest 2 and Quest Pro users can now download the Roblox Open Beta, allowing them to create and engage in new Roblox experiences.
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.