Roblox is a company that makes video games. They had a good three months, and they made more money than people thought they would. They also have more people playing their games and spending time in their games. Because of this, the company's value went up and their stock price went up a little bit. This made some people who own the stock happy. Read from source...

- Roblox's Q2 bookings grew 22% year-on-year to $955.2 million, beating estimates.
- Adjusted EPS loss of $(0.32) beat the consensus estimate of $(0.39).
- Roblox Corp RBLX stock gained after it reported fiscal second-quarter 2024 bookings growth of 22% year-on-year to $955.2 million, beating the analyst consensus estimate of $898.5 million.
- The revenue of the American video game developer grew by 31% Y/Y to $893.5 million.
- Average Daily Active Users (DAUs) were 79.5 million, up 21% Y/Y. Hours Engaged were 17.4 billion, up 24% Y/Y.
- The average monthly unique payers were 16.5 million, up 22% year over year. The Average Bookings per DAU (ABPDAU) was $12.01, up 1% year over year.
- Roblox generated $151.4 million in operating cash flow as of June 30, 2024 versus $28.4 million Y/Y. Free cash flow for the quarter was $111.6 million.
- Outlook: Roblox expects third-quarter bookings of $1 Billion—$1.025 billion (versus the consensus of $898.47 million) and fiscal 2024 bookings of $4.18 billion—$4.23 billion (prior $4.00 billion—$4.10 billion) versus the consensus of $4.07 billion.
- Price Action: RBLX shares traded higher by 3.56% at $43.01 premarket at the last check on Thursday.