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Roblox Sees Q3 2024 Revenue $860M-$885M Vs $898M Estimate; Sees Q3 Bookings $1B-$1.025B

Author: Benzinga Newsdesk | August 01, 2024 08:03am

Third Quarter 2024 Guidance

Revenue between $860 million and $885 million.
Bookings between $1,000 million and $1,025 million.
Consolidated net loss between $(275) million and $(255) million.
Adjusted EBITDA between $22 million and $42 million, which excludes adjustments for:
- Increase in deferred revenue of $145 million.
- Increase in deferred cost of revenue of $(32) million.
- The total of these changes in deferrals of $113 million.
Net cash and cash equivalents provided by operating activities between $147 million and $162 million.
Capital expenditures and purchases of intangible assets of $(42) million.
Free cash flow between $105 million and $120 million.

Posted In: RBLX