[WYcopER]

1/6-1/21 up $5.50. Nice move

[Slim6]

Wow, 500 million shares have been diluted to over 650 million shares. This company would be bk if they didn't dupe more bagholders to support their continued losses. RBLX is looking worse than ever, increasing losses to over $1 billion per year. Tangible book value is already 0.

[EarningsCentral]

[eastunder]

Roblox (NYSE:RBLX) Exceeds Q3 Expectations, Stock Jumps 17.6%

Max Juang
Thu, October 31, 2024 at 6:25 AM MDT 5 min read

https://finance.yahoo.com/news/roblox-nyse-rblx-exceeds-q3-122504073.html

Gaming metaverse operator Roblox (NYSE:RBLX) announced better-than-expected revenue in Q3 CY2024, with sales up 28.8% year on year to $919 million. On the other hand, next quarter’s revenue guidance of $947.5 million was less impressive, coming in 2.1% below analysts’ estimates. Its GAAP loss of $0.37 per share was also 3.2% above analysts’ consensus estimates.


Roblox (RBLX) Q3 CY2024 Highlights:
Bookings: $1.13 billion vs analyst estimates of $1.02 billion (10.8% beat)

Revenue: $919 million vs analyst estimates of $884.1 million (3.9% beat)

EPS: -$0.37 vs analyst estimates of -$0.38 (3.2% beat)

EBITDA: $54.96 million vs analyst estimates of $149.8 million (63.3% miss)

Revenue Guidance for Q4 CY2024 is $947.5 million at the midpoint, below analyst estimates of $968.2 million

EBITDA guidance for the full year is $135 million at the midpoint, below analyst estimates of $667 million

Gross Margin (GAAP): 25.9%, up from 22.4% in the same quarter last year

Operating Margin: -30.4%, up from -42.1% in the same quarter last year

EBITDA Margin: 6%, down from 11.4% in the same quarter last year

Free Cash Flow Margin: 23.7%, up from 12.5% in the previous quarter

Daily Active Users: 88.9 million, up 18.7 million year on year

Market Capitalization: $27.92 billion

“Roblox’s exceptional Q3 results demonstrate the strength of our platform and the effectiveness of our growth strategies. We’re particularly proud of the progress we’ve made in empowering creators, fostering social connections, and expanding our global reach. As we look ahead, we remain committed to building the world’s largest social platform for play, and we’re confident that our continued innovation and focus on safety will drive long-term value for our shareholders and the broader Roblox community,” said David Baszucki, founder and CEO of Roblox.

Company Overview
Best known for its wide assortment of user-generated content, Roblox (NYSE:RBLX) is an online gaming platform and game creation system.

Video Gaming
Since videogames were invented in the 1970s, they have gradually taken more share of entertainment time. Ubiquitous mobile devices have powered a surge in “snackable” games that can be played on the go. Over time, games have developed more social engagement features where friends can play games together over the internet. The business models of games publishers have become less volatile due to digitization of distribution, in game monetization, and like Hollywood, an increasing dependence on surefire hit franchises. Covid driven lockdowns accelerated adoption and usage of videogames – a trend that has not slowed.

Sales Growth
A company’s long-term performance can give signals about its business quality. Even a bad business can shine for one or two quarters, but a top-tier one grows for years. Over the last three years, Roblox grew its sales at an exceptional 26.5% compounded annual growth rate. This is encouraging because it shows Roblox’s offerings resonate with customers, a helpful starting point.

Roblox Total Revenue
This quarter, Roblox reported robust year-on-year revenue growth of 28.8%, and its $919 million of revenue topped Wall Street estimates by 3.9%. Management is currently guiding for a 26.3% year-on-year increase next quarter.

Looking further ahead, sell-side analysts expect revenue to grow 19.9% over the next 12 months, a deceleration versus the last three years. This projection is still noteworthy and shows the market sees success for its products and services.

When a company has more cash than it knows what to do with, buying back its own shares can make a lot of sense–as long as the price is right. Luckily, we’ve found one, a low-priced stock that is gushing free cash flow AND buying back shares. Click here to claim your Special Free Report on a fallen angel growth story that is already recovering from a setback.

User Growth
As a video gaming company, Roblox generates revenue growth by expanding both the number of people playing its games as well as how much each of those players spends on (or in) their games.

Over the last two years, Roblox’s daily active users, a key performance metric for the company, increased by 21.6% annually to 88.9 million in the latest quarter. This growth rate is among the fastest of any consumer internet business and indicates its platform's popularity is exploding.

In Q3, Roblox added 18.7 million daily active users, leading to 26.6% year-on-year growth. The quarterly print was higher than its two-year result, suggesting its new initiatives are accelerating user growth.

Revenue Per User
Average revenue per user (ARPU) is a critical metric to track for consumer internet businesses like Roblox because it measures how much revenue each user generates, which is a function of how much paying users spend on its games.

Roblox’s ARPU growth has been subpar over the last two years, averaging 1.6%. This isn’t great, but the increase in daily active users is more relevant for assessing long-term business potential. We’ll monitor the situation closely; if Roblox tries boosting ARPU by taking a more aggressive approach to monetization, it’s unclear whether users can continue growing at the current pace.

This quarter, Roblox’s ARPU clocked in at $10.34. It grew 1.7% year on year, slower than its user growth.

Key Takeaways from Roblox’s Q3 Results
We enjoyed seeing Roblox increase its number of users this quarter. We were also excited its revenue, bookings, and EPS outperformed Wall Street’s estimates. On the other hand, its full-year revenue and EBITDA guidance missed analysts’ expectations. Overall, this quarter was softer due to the weaker guidance, but the market seems very excited about the 10%+ bookings beat (bookings also accelerated from 22% year-on-year growth last quarter to 34% this quarter). The stock traded up 17.3% to $50.62 immediately following the results.

[novicetrader]

I can receive PMs though, only can't respond rightaway.Will touch base with you friday during Happy Hour anyway. For me, it's not the $ amount of paid membership that is stopping me,it's just that I'm trying to be disciplined and focussed.Thanks

[subslover]

What I have to give you is worth its weight in plutonium. There is no I-hub board for that stock yet.

[novicetrader]

lol,no! I do much better with the mega/large caps. But wholly agree that the microcaps have the BIG moves %wise. Used to play only the micros earlier but found the bigger caps are safer. So basically, my strategy has been approx 60/40 in the biggies/smallies. As for Ihub, I used to be a paid member few years ago, but realized that it made me distracted from actual trading/learning(the tempting overdose of posting/replying to irrelevant issues wasted a lot of precious trading time,I felt).This way I have the right dose of meassage boards,haha!

[subslover]

Dude, you should stick with the micro caps, those are the ones where we make our bread and butter $$$ stocks under $5.00. You should get a paid membership to I-hub, it's only $12.99 a month. I have a gem of a sleeper trading 60 cents and I can PM you the ticker :)

[novicetrader]

Thanks sub.RBLX has always been a volatile trading stock,been a repeat for me for the past almost 2 years now. Buy on dips,it always comes back. I grabbed the minute I saw the negative report this morming at avg 37.60, not too worried about the CFO leaving(SEC filing says "As previously reported, on August 1, 2024"), might be old news and already baked in.

[subslover]

IMHO it's very overpriced and that 8k with the CFO leaving concerns me, I would be very cautious here.

[novicetrader]

CNBC been having segments on RBLX Hindenburg report since PM,one just going on now.
Almost back at $40 now!

[novicetrader]

Grabbed some in PM, the report not very convincing.But what do I know,lol!
RBLX has just rebuuted the Hindenburg report,let's see where this goes

[Bountiful_Harvest]

Hindenburg Goes Short on Roblox, Alleging Massive Fraud

•Claims inflated user numbers and financial misconduct

•Cathie Wood’s $ARKK fund exposed—Roblox is 4th largest holding

•Investors brace for volatility as allegations unfold

[lucky, mydog]

https://hindenburgresearch.com/roblox/

[Monksdream]

RBLX new 52 week high

[DiscoverGold]

Cathie Wood & Ark Invest's Buys 13,432 Shares of Roblox Corp (RBLX)
By: Ark Invest Daily | August 26, 2024

• Cathie Wood and Ark Invest's trade activity from today 8/26.



Read Full Story »»»

DiscoverGold

[DiscoverGold]

Cathie Wood & Ark Invest's Buys 26,951 Shares of Roblox Corp (RBLX)
By: Ark Invest Daily | August 23, 2024

• Cathie Wood and Ark Invest's trade activity from yesterday 8/23.



Read Full Story »»»

DiscoverGold

[DiscoverGold]

Cathie Wood & Ark Invest's Buys 12,657 Shares of Roblox Corp (RBLX)
By: Ark Invest Daily | August 21, 2024

• Cathie Wood and Ark Invest's trade activity from today 8/21.



Read Full Story »»»

DiscoverGold

[TheFinalCD]

29.30 https://x.com/READY_2_PROFIT/status/1819001515891102144

[DiscoverGold]

$RBLX Double inside days in a tight pennant formation is a SUPER juicy setup
By: TrendSpider | July 29, 2024

• $RBLX Double inside days in a tight pennant formation is a SUPER juicy setup.



Read Full Story »»»

DiscoverGold

[DiscoverGold]

Cathie Wood & Ark Invest's Sells 88,545 Shares of Roblox Corp (RBLX)
By: Ark Invest Daily | July 19, 2024

• Cathie Wood and Ark Invest's trade activity from today 7/19.



Read Full Story »»»

DiscoverGold

[DiscoverGold]

Cathie Wood & Ark Invest's Buys 19,238 Shares of Roblox Corp (RBLX)
By: Ark Invest Daily | June 14, 2024

• Cathie Wood and Ark Invest's trade activity from today 6/14.



Read Full Story »»»

DiscoverGold

[DiscoverGold]

Cathie Wood & Ark Invest's Buys 17,615 Shares of Roblox Corp (RBLX)
By: Ark Invest Daily | June 13, 2024

• Cathie Wood and Ark Invest's trade activity from today 6/13.



Read Full Story »»»

DiscoverGold

[DiscoverGold]

Cathie Wood & Ark Invest's Buys 37,265 Shares of Roblox Corp (RBLX)
By: Ark Invest Daily | May 30, 2024

• Cathie Wood and Ark Invest's trade activity from today 5/30.





Read Full Story »»»

DiscoverGold

[DiscoverGold]

Cathie Wood & Ark Invest's Buys 3,526 Shares of Roblox Corp (RBLX)
By: Ark Invest Daily | May 29, 2024

• Cathie Wood and Ark Invest's trade activity from today 5/29.



Read Full Story »»»

DiscoverGold

[DiscoverGold]

Cathie Wood & Ark Invest's Buys 57,271 Shares of Roblox Corp (RBLX)
By: Ark Invest Daily | May 16, 2024

• Cathie Wood and Ark Invest's trade activity from today 5/16.



Read Full Story »»»

DiscoverGold

[DiscoverGold]

Cathie Wood & Ark Invest's Buys 50,012 Shares of Roblox Corp (RBLX)
By: Ark Invest Daily | May 15, 2024

• Cathie Wood and Ark Invest's trade activity from today 5/15.





Read Full Story »»»

DiscoverGold

[DiscoverGold]

Cathie Wood & Ark Invest's Buys 55,710 Shares of Roblox Corp (RBLX)
By: Ark Invest Daily | May 14, 2024

• Cathie Wood and Ark Invest's trade activity from today 5/14.





Read Full Story »»»

DiscoverGold

[DiscoverGold]

Cathie Wood & Ark Invest's Buys 224,064 Shares of Roblox Corp (RBLX)
By: Ark Invest Daily | May 13, 2024

• $SPX seemingly range bound between 0.75 and 1.0 std dev. Waiting to see signs of direction.





Read Full Story »»»

DiscoverGold

[DiscoverGold]

Cathie Wood and Ark Invest just said this about Palantir $PLTR
By: Ark Invest Daily | May 10, 2024

• Cathie Wood and Ark Invest just said this about Palantir $PLTR

“We believe Palantir's differentiated AI products remain well positioned to accelerate the core business operations of both commercial enterprises and government agencies”



Read Full Story »»»

DiscoverGold

[DarkPool]

Damn near 30%discount why not. Shorts will cover soon enough

[DiscoverGold]

Cathie Wood & Ark Invest's Buys 1,724,213 Shares of Roblox Corp (RBLX)
By: Ark Invest Daily | May 9, 2024

• Cathie Wood and Ark Invest's trade activity from today 5/9.





Read Full Story »»»

DiscoverGold

[DarkPool]

Might not be the only one;)

[Stockexpertpro]

Cathie Woods Buying down here RBLX