Browsing: Roblox

Roblox’s latest financial results beat expectations for its third quarter, with revenue up 16% year-on-year to $1.6 billion.

Roblox has named Malaysian entrepreneur and investor Joel Neoh as its managing director for Southeast Asia and Oceania, putting him in charge of the gaming and creation platform’s business across both regions.

All News Over 80% of Roblox’s Top 100 games use AI in development (Image: Roblox).

Roblox expects fourth-quarter bookings to fall 10% to 15% year over year, a forecast that includes seasonal user declines and comes alongside $380 million in planned Q4 capital spending for AI.

Roblox has named Malaysian entrepreneur and investor Joel Neoh as managing director for Southeast Asia and Oceania, tasking him with driving the platform’s regional growth, strengthening its creator ecosystem and expanding partnerships with brands and local businesses.

Roblox has announced tech founder Joel Neoh as managing director for Southeast Asia and Oceania to cultivate the game’s cultural and commercial presence across the region including Australia.

Roblox (NYSE:RBLX – Get Free Report) announced its earnings results on Thursday. The company reported ($0.32) earnings per share for the quarter, beating the consensus estimate of ($0.43) by $0.11, FiscalAI reports. The business had revenue of $1.57 billion during the quarter, compared to the consensus estimate of $1.63 billion. Roblox had a negative net…

Roblox (RBLX) has built a virtual playground where millions of people can play games, create their own experiences, and hang out with friends. But lately, the fun has not exactly translated into a happy ride for investors. While the platform continues to attract users, its stock has struggled as Wall Street questions whether that engagement…

Los resultados del tercer trimestre de Roblox reflejan un sólido crecimiento impulsado por la alta retención y participación de los usuarios, destacando un incremento del 12% en los usuarios activos diarios (DAU) hasta los 138 millones y un aumento del 17% en las horas de interacción. La adopción acelerada de inteligencia artificial impulsó significativamente la…

Roblox (RBLX) came out with a quarterly loss of $0.32 per share versus the Zacks Consensus Estimate of a loss of $0.41. This compares to a loss of $0.37 per share a year ago. These figures are adjusted for non-recurring items.