Roblox shares jumps today after the company reported strong September metrics. RBLX is 20.04% higher at $42.69.
Here are the key metrics:
Daily active users (DAUs) were 57.8 million, an increase of 23% year-over-year. The daily active users for August were 59.9 million.
The hours engaged was up 16% year-over-year to 4.0 billion. Estimated bookings increased by 11% to 15% year-over-year between $212 million to $219 million. In August the hours engaged were 4.7 billion.
The bookings per daily active user (ABPDAU) were down by 7% to 10% year-over-year between $3.67 and $3.79 mostly affected by the forex fluctuations.
Estimated revenue was between $171 million and $180 million, a drop of -2% – +3% year-over-year.
Roblox shares have lost over 58% since the beginning of the year despite in the last three months the stock rise 7.37%. Roblox’s market capitalization stands at 21.22 billion. Roblox stock hit an all-time high at $141.60 on November 22, 2021.
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