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Roblox’s Q2 2024 earnings show daily user count beats estimates
Roblox revealed its user count and revenue grew last quarter beyond what the company estimated, with the audience demographics shifting.
GamesBeat spoke with Joe Ferencz, the CEO of GameFam, about Roblox’s results, and he noted that the attention of the younger audiences was one of the platform’s most important commodities. Shortly before Roblox revealed its quarterly earnings report, Bloomberg published a story about alleged widespread predation on the platform and inadequate protection of its youthful playerbase. The company said in its shareholders letter: “We are still in the early days, but remain on track and expect this business line to help advance the user experience, advertiser value and creator monetization on the platform.”
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