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Wednesday, March 15, 2023 9:50:58 AM
By: Morningstar | March 15, 2023
Roblox Corp. shares (RBLX) were falling 1.7% in Wednesday morning trading after the gaming company released some metrics for February in the second-to-last instance of Roblox monthly disclosures. Roblox said it had 67.3 million daily active users in the month, up 22% from a year before. Users spent 4.6 billion hours engaged on the platform. Roblox estimates $243 million to $247 million in bookings for the month, up 18% to 19% from a year earlier. The company also estimates that it saw average bookings per daily active user of $3.61 to $3.67, down 2% to 4% from a year prior. Roblox previously announced that it plans to discontinue putting out monthly metrics after the update that will cover March 2023.
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