Why Are Roblox (RBLX) Shares Trading Higher Premarket? - Roblox (NYSE:RBLX)

Roblox Corp RBLX shared specific critical metrics for December 2022.
Roblox's Daily active users (DAUs) grew 18% year-on-year to 61.5 million.
The global platform's hours engaged increased 21% Y/Y to 4.7 billion.
Also Read: Roblox's Disappointing November Metrices Despite Increased Spending Raises User Engagement Concerns, Analyst Slashes Expectations
Roblox's estimated revenue was $189 million - $199 million, down 1% - 6% Y/Y due to foreign currency fluctuations.
The company's expected bookings were $430 million - $439 million, up 17% - 20% Y/Y.
Roblox's estimated average bookings per daily active user (ABPDAU) were $6.99 - $7.14, representing a Y/Y change of -1% - +1%.
The company plans to cease publishing monthly metrics after the expected release of its March 2023 monthly metrics in April 2023.
Price Action: RBLX shares traded higher by 15.63% at $38.38 in the premarket on the last check Tuesday.

Momentum97.27

Growth28.17

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Roblox Shares Gain Following December 2022 Key Metrics Data