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Key Takeaways
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Roblox's first-quarter loss and revenue were better than forecasts on growth in bookings and users.
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The online gaming and social media platform saw bookings rise 31% year-over-year and daily active users climb 26%.
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Roblox boosted its full-year revenue and bookings guidance.
Roblox (RBLX) shares rose when the online gaming and social media platform results topped estimates and it raised its guidance as bookings and user numbers grew.
Roblox reported a first-quarter loss of $0.32 per share, $0.07 less than the average forecast of analysts surveyed by Visible Alpha. Revenue increased 29% year-over-year to $1.04 billion, also more than anticipated.
Bookings jumped 31% to $1.21 billion, and daily active users (DAU) gained 26% to 97.8 million. Both exceeded forecasts.
CFO Michael Guthrie explained that along with the revenue bump, Roblox benefited from "operating efficiencies primarily related to the cost of headcount and infrastructure and trust and safety."
The company now sees full-year revenue of $4.290 billion and $4.365 billion, compared with the earlier estimate of $4.245 billion and $4.345 billion. It expects bookings at $5.285 billion to $5.360 billion, up from the previous $5.200 billion to $5.300 billion.
Including today's 4% gains, shares of Roblox are about 20% higher in 2025.
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