Roblox (RBLX) stock plunges as it cuts annual bookings forecast, Q2 bookings outlook misses consensus

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Roblox Reports First Quarter 2024 Financial Results

May 9, 2024 8:00 AM EDT

Strong net cash and cash equivalents provided by operating activities up 37% year-over-year and record free cash flow1 up 133% year-over-year

SAN MATEO, Calif.--(BUSINESS WIRE)-- Roblox Corporation (NYSE: RBLX), a global platform bringing millions of people together through shared experiences, released its first quarter 2024 financial and operational results and issued its second quarter and updated full year 2024 guidance today. Separately, Roblox posted a letter to shareholders and supplemental materials on the Roblox investor relations website at ir.roblox.com.

First Quarter 2024 Financial, Operational, and Liquidity... More