![]() The beta of the company's online game launched on Meta's ( META) Quest VR headsets in July. In June, it launched a new partner program for its immersive advertising business. The company stands to benefit from a recovery in the advertising market. In July, the company showed off several AI-driven improvements that are expected to make content creation on its platform easier and increase the volume of content on its platform.Īccording to brokerage BTIG, new AI enhancements are set to boost advertising adoption and bookings growth, while posing potential challenges to developers. Shares of the gaming and metaverse company have surged nearly 34% YTD. ![]() Wall Street analysts expect Roblox to post earnings per share of -$0.44 on revenues of $777.97 million, which would mark a growth of 21.6%. Gaming platform Roblox ( NYSE: RBLX) is set to report its second-quarter results on Wednesday before market open, with investors seeking more information on its generative AI efforts, and closely watching its bookings growth.
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