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Roblox tops forecasts in Q4

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Roblox shares popped by as much as 20% after the company reported better-than-expected results for its fourth quarter.

The company posted a loss per share of 45 cents. Analysts expected a loss of 48 cents per share.

Bookings came in at $2.2 billion, ahead of estimates of $2.1 billion.

The gaming company additionally issued better-than-expected bookings guidance for the first quarter.

Read more from CNBC.

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