Roblox Stock Sets Record High on Strong Bookings, User Numbers
1. Roblox shares hit an all-time high due to strong user metrics. 2. Revenue was $1.08 billion, aligning with estimates but missing loss expectations. 3. Record daily active users (111.8 million) and engagement (27.4 billion hours) reported. 4. Full-year revenue and booking projections lifted, showing positive growth outlook. 5. CEO attributes growth to strategic investments in the virtual economy.