earnings
confidence high
sentiment positive
materiality 0.85
Roblox Q3 bookings $1.13B (+34% YoY), beat guidance; Q4 guide raised $35M
Roblox Corp
2024-Q3 EPS reported
-$1.11
revenue$2,613,796,000
- Revenue $919.0M (+29% YoY), Bookings $1,128.5M (+34% YoY); both above guidance ranges.
- Adjusted EBITDA $55.0M, well above guidance ($22M-$42M); free cash flow $218.0M, +266% YoY.
- Record DAUs 88.9M (+27%) and Hours 20.7B (+29%); monthly unique payers 19.1M (+30%).
- Q4 2024 guidance: Bookings $1,336M-$1,361M (+19-21% YoY), raised $35M vs prior implied; net loss improved YoY.
- Moody's upgraded senior notes to Ba1 (from Ba2); S&P to BB+ in Q2; both one notch below investment grade.