Roblox bookings rose 34% year-over-year in the third quarter, and shares rebounded

Roblox Corporation (RBLX) shares rose sharply on Thursday morning after the gaming platform delivered impressive third-quarter results that beat market expectations. Bookings, the platform's key performance metric, reached $1.13 billion in the quarter, representing 34% year-over-year growth.

Morning Brief host Julie Hyman delves into the details, covering key metrics like daily active users and hours spent on the platform.

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This post was written by Angel Smith