FMP
Feb 7, 2024 5:36 PM - Davit Kirakosyan
Roblox Corporation (NYSE:RBLX) shares experienced a more than 10% intra-day surge on Wednesday following the company's announcement that it exceeded fourth-quarter consensus forecasts.
The gaming platform recorded a Q4 loss of $0.52 per share, outperforming the predicted $0.55 loss per share. Quarterly bookings reached $1.13 billion, marking a 25% increase from the previous year and surpassing the $1.07 billion analyst consensus.
The company's revenue rose to $749.9 million, a 30% increase year-over-year. Daily active users (DAUs) stood at 71.5 million, representing a 22% year-over-year increase, and monthly unique payers reached 15.9 million, an 18% increase from the previous year. Additionally, the average booking per monthly unique payer rose by 6% year-over-year to $23.65.
For 2024, Roblox projects revenue to be in the range of $3.3 billion to $3.4 billion, with bookings expected to be between $4.14 billion and $4.28 billion. For the first quarter, the company anticipates revenue between $755 million and $780 million, and bookings between $910 million and $940 million.
Jan 16, 2024 4:18 PM - Samuel Abdelshahid
In the hustle and bustle of the trading world, having a trustworthy laptop is like having a reliable partner by your side. Making well-informed decisions and staying ahead of market trends become second nature with the right device. However, the quest for a budget-friendly trading laptop t...
Jan 21, 2024 4:00 AM - Parth Sanghvi
Introduction: In the world of financial analysis, a profound grasp of essential profitability metrics is vital. This blog delves into three pivotal metrics—ROE (Return on Equity), ROA (Return on Assets), and Net Profit Margin—offering clear insights without unnecessary complexity. Exploring RO...
May 14, 2024 11:41 AM - Sanzhi Kobzhan
A stock's target price, also known as its fair value, is an indication of what a share can cost based on the company’s forecasted financial statements. It is important to know a stock's fair value to find undervalued stocks with great growth potential. Let's consider how investment analysts calculat...