Consensus $4.07B. Raises FY24 bookings view to $4.18B-$4.23B from $4B-$4.1B. Cuts FY24 adjusted EBITDA view to $92M-$132M from $95M-$147M. “The combination of strong topline growth, fixed cost discipline, and reduced capital expenditures allowed us to deliver significantly more cash flow in Q2 2024 than in Q2 2023. Net cash and cash equivalents provided by operating activities were $151.4 million in Q2 2024, up 433% from $28.4 million in Q2 2023. Free cash flow for the quarter was $111.6 million, an increase of $207.1 million over free cash flow of $(95.5) million in Q2 2023,” said Michael Guthrie, chief financial officer of Roblox.
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