Roblox is benefitting from unit economies, with bookings growth outpacing the growth in fixed growth. I expect Roblox to exceed management’s full-year guidance for bookings and free cash flow.

Roblox (NYSE: RBLX) stock rocketed 46% over the last year to a recent 52-week high of $62.42. The popular gaming platform reported accelerating growth in key metrics like daily active users, bookings, ...

This article originally appeared on Simply Wall St News. Shares of Roblox Corporation ( NYSE:RBLX) closed 42% higher yesterday after the company announced its third quarter financial results. The ...