Roblox Shares Soared 15% As Quarterly Bookings Beat Estimates

Seeking Alpha2023-02-15

Roblox(NYSE:RBLX): Q4 GAAP EPS of -$0.48beats by $0.06. Bookings of $899.4M (+16.8% Y/Y)beats by $14.69M.

Roblox shares soared 15% in premarket trading.

Revenue was $579.0 million, up 2% year-over-year, and up 3% year-over-year on a constant currency basis.

Netcash provided by operating activities was $119.2 million and free cash flow was $(38.0) million.

Average Daily Active Users (DAUs) were 58.8 million, up 19% year-over-year.

Hours engaged were 12.8 billion, up 18% year-over-year.

Average bookings per DAU (ABPDAU) was $15.29, down 2% year-over-year, and up 2% year-over-year on a constant currency basis.

January 2023 Key Metrics:Estimated revenue was between $213 million and $216 million, up 22% - 24% year-over-year, and up 24% - 26% year-over-year on a constant currency basis.

Estimated bookings were between $267 million and $271 million, up 19% - 21% year-over-year, and up 22% - 24% year-over-year on a constant currency basis.

Average DAUs were 65.0 million, up 19% year-over-year.

Hours engaged were 5.0 billion, up 19% year-over-year.

Estimated ABPDAU was between $4.11 and $4.17, up 0% - 2% year-over-year, and up 3% - 4% year-over-year on a constant currency basis.

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

Comments

Leave a comment
3