Users Are Loving Roblox - Company Clocks 20% Jump in Daily Active Users, Stock Soars

The revenue of the American video game developer grew by 38% Y/Y to $713.2 million. EPS loss of $(0.45) beat the consensus loss of $(0.50).

Average Daily Active Users (DAUs) were 70.2 million, up 20% Y/Y. Hours Engaged were 16 billion, up 20% Y/Y.

Average monthly unique payers were 14.7 million, up 14% year-over-year.

Average Bookings per DAU (ABPDAU) was $11.96, flat Y/Y. 

Roblox generated $112.7 million in operating cash flow.

The U.S. and Canada still accounted for most bookings growth in dollar terms among all regions. It also essentially completed its Ashburn, Virginia, data center.

"We are executing against our key priorities to enable deeper forms of immersion, communication, and Avatar expression on the platform while investing in artificial intelligence, brands, and advertising to drive future growth," founder and CEO David Baszucki said.

The Q4 consensus estimates for bookings and EPS are $1.06 billion and $(0.50).

Price Action: RBLX shares traded higher by 16.40% at $40.82 on the last check Wednesday.

Market News and Data brought to you by Benzinga APIs

To add Benzinga News as your preferred source on Google, click here.