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Roblox beats quarterly booking revenue estimates

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(Reuters) – Roblox Corp posted quarterly bookings above estimates on Wednesday, as a wider audience swarmed to the platform for games such as “Adopt Me!” and “Pet Simulator X”.

The company posted net bookings of $773.8 million in the first quarter, compared with $631.2 million a year earlier. Analysts were expecting net bookings of $765.9 million, according to Refinitiv data.

(Reporting by Yamini Kalia and Tiyashi Datta in Bengaluru; Editing by Krishna Chandra Eluri)

Disclaimer: This report is auto generated from the Reuters news service. ThePrint holds no responsibilty for its content.

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