"Roblox Surges 13% on Strong Q4 Earnings and Guidance"

Roblox's shares surged 13% after the company exceeded expectations in its fiscal fourth quarter, reporting a loss per share of 52 cents versus the expected 55 cents and revenue of $1.13 billion compared to the expected $1.08 billion. The company also issued strong guidance for 2024, expecting first-quarter bookings between $910 million and $940 million and full-year bookings between $4.1 billion and $4.28 billion. CEO David Baszucki expressed optimism about the company's ability to attract over 1 billion daily active users, as average daily active users reached 71.5 million for the quarter, up 22% from the previous year.