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Roblox stock soars 16% after revenue beat, strong user growth
CNBC· 2025-07-31 22:01
Roblox stock soared 16% Thursday after the company reported second-quarter revenue that beat expectations amid strong user growth. Baszucki added that the company is looking to grab 10% of the global gaming content market. User and engagement numbers were also strong for the company, with daily active users at 111.8 million, up 41% year-over-year, and hours engaged at 27.4 billion, up 58% year-over-year. "Our year on year growth this quarter is a reflection of our strategic investments in infrastructure and ...