Roblox (RBLX) earnings This fall 2022


A person pictures a Roblox banner displayed, to have a good time the corporate’s IPO, on the entrance facade of the New York Inventory Trade (NYSE) in New York, March 10, 2021.

Brendan McDermid | Reuters

Shares of Roblox popped 24% Wednesday after the corporate reported fourth-quarter earnings that beat analysts’ expectations on prime and backside traces.

Here is how the corporate did:

  • Loss per share: 48 cent loss vs. 52 cent loss per share anticipated, in accordance with a Refinitiv survey of analysts
  • Income (bookings): $899.4 million vs. $881.4 million anticipated, in accordance with Refinitiv

The income determine is what Roblox calls bookings, which embody gross sales acknowledged through the quarter and deferred income. Bookings rose by 17% yr over yr. The corporate generates income from gross sales of its digital foreign money known as Robux, which gamers use to decorate up their avatars and purchase different premium options within the video games.

Roblox reported 58.8 million common day by day energetic customers, up 19% from a yr earlier. Customers spent greater than 12.8 billion hours engaged in Roblox through the fourth quarter, up 18% yr over yr.

The corporate mentioned common bookings per day by day energetic consumer was $15.29, down 2% yr over yr.

Roblox noticed bookings swell greater than 200% during the pandemic when children had been spending extra time on their screens whereas caught at house. The inventory was blazing scorching in 2021, after Roblox’s direct listing in March. Its market cap neared $80 billion earlier than peaking in November 2021.

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