![]() Wall Street analysts and Seeking Alpha authors both have consensus hold ratings on Roblox's (RBLX) stock. The company added that it had 65M DAUs in January, a 19% increase from January 2022. Wall Street analysts had previously forecast Roblox (RBLX) to lose 54 cents a share.Īlong with its fourth-quarter results, Roblox (RBLX) said the for January, it estimates bookings will end up between $267M and $271M, which would be an increase of 19% to 21% from a year ago, and revenue will be in a range of $213M to $216M. Roblox (RBLX) also reported a loss of 48 cents a share on $579M in sales. Roblox (RBLX) also reported 58.8M average daily active users, up 19% from the fourth quarter of 2021. ![]() The upbeat bookings report was crucial for Roblox (RBLX) as it suggested the company had a strong holiday season when consumer spending is historically at its highest point of the year. The company's bookings also surpassed analysts' consensus forecasts of $881.4M. Prior to the start of trading, Roblox (RBLX) said that bookings for the quarter that ended December 31 totaled $899.4M, an increase of 17% from the year-ago quarter. Roblox (NYSE:RBLX) shares rocketed up by almost 16% in pre-market trading Wednesday as investors reacted positively to the online gaming platform company's better-than-expected fourth-quarter bookings.
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