Roblox Average Bookings Per Daily Active User Falls In February, Updates On Silicon Valley Bank Exposure - Roblox (NYSE:RBLX)

On Wednesday, Roblox Corp RBLX released specific critical metrics for February 2023.
Roblox's daily active users (DAUs) were 67.3 million, up 22% year-over-year. Hours engaged were 4.6 billion, up 24% Y/Y.
Roblox's estimated revenue was up 20% - 22% Y/Y at $214 million- $217 million.
Estimated bookings were $243 million - $247 million, up 18% - 19% Y/Y.
Roblox's estimated average bookings per daily active user (ABPDAU) were $3.61 - $3.67, down by (2)% - (4)% Y/Y.
On a constant currency basis, Roblox estimates February 2023 revenue growth would have been 22% - 24% Y/Y, February 2023 bookings growth would have been 21% - 23% Y/Y and the change in February 2023 ABPDAU would have been between (1)% - 0% Y/Y.
Following the expected release of March 2023 monthly metrics in April 2023, Roblox will cease publishing monthly vital metrics.
On March 13, 2023, Roblox moved all its cash and securities on deposit at or invested through SVB Financial Group SIVB Silicon Valley Bank to another financial institution.
Price Action: RBLX shares traded lower by 0.88% at $42.81 on the last check Wednesday.