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Wednesday, 02/15/2023 8:09:00 AM

Wednesday, February 15, 2023 8:09:00 AM

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Roblox Corp beats quarterly bookings estimates
By: Investing.com | February 15, 2023

(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.

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