![]() ![]() ![]() “The company’s advantage with user-generated content should help expand its user base beyond the core 9-13-year-old group faster than larger rival Meta, which saw a decline in user engagement for its Horizon Worlds offering.” The increase in bookings suggests a “meaningful” monthly acceleration, said Mandeep Singh analyst Bloomberg Intelligence. That figure includes revenue, deferred revenue and other adjustments, and defied a stronger US dollar that dampened results from outside the country. shares surged 20% on Monday, their biggest one-day jump since November, after the video game platform forecast a significant jump in September bookings as users spent more time on its games.īookings are expected to be between $212 million and $219 million, up as much as 15% from a year earlier, the San Mateo, California-based company said.
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