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Roblox Shares Surge Nearly 20% After Earnings Beat and Strong Forecast
Roblox shares surged after the company beat earnings estimates and issued an upbeat forecast driven by strong user growth.
Roblox shares jumped nearly twenty percent after the gaming platform reported quarterly earnings that beat Wall Street expectations and issued a stronger outlook. The company cited higher user engagement, growth in daily active users, and improving monetization. Management said investments in content, creators, and advertising tools are driving momentum, boosting confidence in revenue growth and operating leverage over coming quarters as market sentiment turned positive.