earnings
confidence high
sentiment positive
materiality 0.82
Roblox Q2 beats: rev $894M (+31% YoY), bookings $955M (+22%), DAU record 79.5M
Roblox Corp
2024-Q2 EPS reported
-$0.75
revenue$1,694,843,000
- Revenue $893.5M vs guidance $855-880M; bookings $955.2M vs guidance $870-900M.
- Net loss narrowed to $207M from $285M YoY; Adj EBITDA $66.5M well above guidance $36-38M.
- DAUs 79.5M (+21% YoY), hours 17.4B (+24%); both all-time highs; US&Canada DAU growth fastest since Q1’21.
- Q3 bookings guidance $1.0-1.025B (19-22% YoY); FY bookings raised to $4.18-4.23B.
- Free cash flow $111.6M vs -$95.5M YoY; S&P upgraded senior notes to BB+.