Roblox rises on annual bookings forecast raise
ReutersMay 1, 2025 12:13 PM
Shares of video gaming platform Roblox RBLX.N rise 5.3% to $70.6 premarket
RBLX now expects bookings, a measure of in-game spending, to be between $5.29 bln and $5.36 bln in 2025, compared with its prior forecast of $5.20 bln to $5.30 bln
Q1 bookings rose 31% to $1.21 billion, beating analysts' estimate of $1.14 billion- LSEG
Loss per share of 32 cents in Q1 vs expectations for a loss of 40 cents per share- LSEG
Up to last close, stock had risen 15.9% YTD
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