Roblox Corp., the gaming company popular with young people, soared Wednesday after reporting higher-than-ever revenue and player counts.
In the fourth quarter, Roblox’s bookings rose 25% to $1.13 billion, beating analysts expectations of $1.08 billion. A record 71.5 million people logged in every day to play Roblox’s wonky, whimsical games, the San Mateo, California-based company said Wednesday.
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