Crypto Whales Are Loading Up — Are You?
New research shows the biggest crypto buyers are back. And this time? They could hold for the possibility that Bitcoin will surpass $100,000 in 2024. You don’t want to miss the next massive crypto bull run like we saw in 2020 and 2021. To know exactly what’s going on and what to buy… Get Access To Benzinga’s Best Crypto Research and Investments For Only $1.
- Roblox Corp (NYSE:RBLX) reported third-quarter FY22 Bookings growth of 10% year-on-year to $701.7 million, beating the consensus of $686.3 million.
- The revenue grew by 2% Y/Y to $517.7 million.
- EPS loss of $(0.50) missed the consensus loss of $(0.33).
- Average Daily Active Users (DAUs) were 58.8 million, up 24% Y/Y.
- Hours Engaged were 13.4 billion, up 20% Y/Y.
- Average Bookings per DAU (ABPDAU) was $11.94, down 11% Y/Y.
- Roblox used $(67.7) million in free cash flow.
- "We are delivering strong growth across our core operating metrics, powered by a growing developer community creating high-quality experiences that appeal to a broad, global audience," said David Baszucki, Chief Executive Officer of Roblox.
- Price Action: RBLX shares traded lower by 13.5% at $33.84 on the last check Wednesday.
Crypto Whales Are Loading Up — Are You?
New research shows the biggest crypto buyers are back. And this time? They could hold for the possibility that Bitcoin will surpass $100,000 in 2024. You don’t want to miss the next massive crypto bull run like we saw in 2020 and 2021. To know exactly what’s going on and what to buy… Get Access To Benzinga’s Best Crypto Research and Investments For Only $1.
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