![]() ![]() ![]() Average bookings for each DAU fell 11% to $11.94. Roblox reported it had about 2,100 employees costing 23% of bookings, compared with about 1,500 employees costing 16% of bookings a year ago.ĭAUs for the third quarter were 58.8 million, up 24% from the year-ago period, and the company played up its “aged-up cohorts,” or users over the age of 13, with growth there up 34% year over year and accounting for 54% of all DAUs. Indeed, the company faces headwinds as economies reopen, but. A darling of the pandemic, Roblox shares are down 47 year to date in 2022. Personnel costs excluding stock-based compensation ranked as one of the “big cost items,” according to Guthrie, with costs up 56% to $160.3 million from a year ago. The market is turning sour on Roblox ( RBLX -1.15) stock. Revenue excluding deferred revenue came in at 509.3 million, up 102 year over year. META,Īnd Elon Musk’s Twitter are laying off employees, Roblox is still hiring, although “not quite at the same rate” as it had been, Guthrie said while noting, “but we’re adding quite a few people into the company.” Roblox reported bookings of 637.8 million, up 28 year over year, compared wit an estimated 636.5 million. While other tech companies like Facebook parent Meta Platforms Inc. But overall, the behavior of the user base seems fairly healthy.” Though Robloxs stock price gained a generous 54 year to date, the company still trades at a steep discount to the all-time high it reached in November 2021. Investors piled into shares of the online video game platform operator, with its market. ![]() Where it is most pronounced for us is translation of currencies back into dollars. Roblox (RBLX 2.18) made a red-hot debut on the stock market in March 2021 via a direct listing. Shares of Roblox ( RBLX 2.18), a gaming platform, fell by 14.5 last month, according to data provided by S&P Global Market Intelligence, as investors continued to look beyond so-called pandemic. “We all know the macro environment is a little bit challenging. “Pure monetization around the world looks quite good when adjusted for those currencies,” Guthrie said on the call. While an estimated 63% of revenue comes from the U.S., about 17% comes from Canada, Germany, U.K., France, Italy, China and Japan, according to FactSet data. growth in average daily active users, or DAUs, outpacing domestic growth. Up nearly 18% from a year ago and non-U.S. On the call with analysts following the report, Roblox Chief Financial Officer Michael Guthrie said one of the biggest headwinds for the company is a strong dollar, with the U.S. Analysts focus on bookings for Roblox and other video-game companies, because the metric reflects virtual currency sold that may be considered deferred revenue. Revenue rose slightly to $517.7 million from $509.3 million in the year-ago quarter, while bookings increased 10% to $701.7 million from $637.8 million in the year-ago period.Īnalysts had forecast, on average, a loss of 32 cents a share on revenue of $593.4 million and bookings of $692.2 million. All Rights Reserved.The San Mateo, Calif.-based company reported a third-quarter loss of $297.8 million, or 50 cents a share, compared with a loss of $74.0 million, or 13 cents a share, in the same period last year. All content of the Dow Jones branded indices © S&P Dow Jones Indices LLC 2019 and/or its affiliates. Roblox Corporation (RBLX) Stock Historical Prices & Data - Yahoo Finance U.S. Standard & Poor's and S&P are registered trademarks of Standard & Poor's Financial Services LLC and Dow Jones is a registered trademark of Dow Jones Trademark Holdings LLC. Dow Jones: The Dow Jones branded indices are proprietary to and are calculated, distributed and marketed by DJI Opco, a subsidiary of S&P Dow Jones Indices LLC and have been licensed for use to S&P Opco, LLC and CNN. Chicago Mercantile Association: Certain market data is the property of Chicago Mercantile Exchange Inc. Factset: FactSet Research Systems Inc.2019. Crypto Bank of England Top Stocks Work & Management Industry News My Portfolio My Screeners Watchlists Videos Roblox Corporation (RBLX) NYSE - NYSE Delayed price. Market indices are shown in real time, except for the DJIA, which is delayed by two minutes. ![]()
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