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HomeTechRoblox Corp beats quarterly bookings estimates

Roblox Corp beats quarterly bookings estimates

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(Reuters) – Roblox Corp reported better-than-expected bookings for the fourth quarter on Wednesday as users flocked to the online gaming platform during the holiday season.

Bookings – generated from in-game purchases of virtual currency “Robux” – rose 17% to $899.4 million in the quarter ended Dec. 31.

Analysts were expecting net bookings of $881.4 million, according to Refinitiv data.

(Reporting by Eva Mathews in Bengaluru; Editing by Devika Syamnath)

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

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