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Roblox Q2 Details
Roblox reported quarterly losses of 26 cents per share, which beat the Street estimate for losses of 30 cents, according toBenzinga Pro data.
Quarterly <a href="https://comicvibe.com/roblox-q2-revenue-rises-36-to-1-47-billion/” title=”Roblox Q2 revenue rises 36% to $1.47 billion”>revenue of $1.56 billion was in line with the analyst consensus estimate.
Roblox reported the following second quarter highlights:
- Average DAUS: 123 million, up 10% year-over-year
- Hours engaged: 29 billion, up 5% year-over-year
- Average MUPs: 27 million , up 15% year-over-year
- Bookings: $1.6 billion, up 8% year-over-year
- Consolidated net loss: $185 million
“We remain focused on capturing 10% of the global gaming market and an even greater share in the U.S. Q2 delivered year-over-year gains in users and hours, following last year’s incredible growth,” said David Baszucki, founder and CEO of Roblox.
RBLX Stock Price Activity: According to data fromBenzinga Pro, Roblox shares were down 11.94% to $42.86 in Thursday’s extended trading.
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