Shares of Roblox pop after December update shows increase in bookings
Publishing timestamp: 2023-01-17 11:58:40
Summary
Shares of Roblox rose 13% on Tuesday after the gaming company released its December 2022 metrics report, which showed estimated bookings of between $430 million and $439 million for the month, up 17% to 20% year over year. Daily active users rose 18% from December 2021 to 61.5 million users, and the average bookings per daily active user were between $6.99 and $7.14 for the month. Roblox's shares are up more than 30% year to date.
Sentiment: POSITIVE
Tickers: RBLX,
Keywords: business news, enterprise, roblox corp, internet, technology, gaming software,