Roblox Corp Stock Price, News & Analysis

Roblox Corporation (NYSE: RBLX) will host an Investor Day on September 15, 2022, at 9:00 a.m. Pacific Time, for institutional investors and financial analysts. CEO David Baszucki and the leadership team will present the company's long-term vision and updates on key product innovations. CFO Michael Guthrie will provide a financial overview, including August metrics, followed by a live Q&A session. The event will be webcast live on Roblox's YouTube channel and available for replay on the investor relations website.

Roblox Corporation reported a 30% year-over-year increase in revenue, reaching $591.2 million in Q2 2022. The platform saw significant growth in Daily Active Users (DAUs) and Hours Engaged, rising by 21% and 16%, respectively. However, Bookings decreased by 4% to $639.9 million. July estimates indicate continued growth, with revenue projected between $205 million and $208 million—a 25%-27% increase year-over-year. Despite these positive metrics, Average Bookings per DAU (ABPDAU) fell by 21% year-over-year to $12.25.

Roblox Corporation (NYSE: RBLX) will announce its second quarter 2022 financial results and July 2022 metrics after market close on August 9, 2022. A conference call is scheduled for August 10, 2022, at 5:30 AM PT / 8:30 AM ET to discuss the results. The call will be available via webcast on the Roblox investor relations website, with a replay and transcript accessible for at least 12 months. Roblox focuses on creating immersive digital experiences and aims to connect billions through creativity and community.

Roblox Corporation (NYSE: RBLX) has announced key metrics for May 2022. The company reported daily active users at 50.4 million, a 17% increase year-over-year. Engagement hours reached 3.6 billion, up 10% year-over-year. Estimated bookings were between $196 million and $199 million, reflecting a 9% to 11% decline. Average bookings per daily active user fell to between $3.89 and $3.95, a drop of 23% to 24% year-over-year. Estimated revenue is anticipated to be between $194 million and $197 million, up 28% to 30% year-over-year.

PureTech Health, in partnership with Roblox, aims to enhance patient experiences through innovative digital solutions. The collaboration introduces a Roblox rewards exchange linked to Akili’s EndeavorRx, the first FDA-cleared prescription video game for children with ADHD. This partnership seeks to integrate cognitive treatments into daily life, leveraging Roblox's vast user base of over 55 million players. Both companies focus on redefining patient engagement and improving cognitive health through interactive experiences.

Roblox (NYSE:RBLX) and Akili Interactive are partnering to integrate cognitive medicine into everyday life through gaming. This collaboration aims to connect medical treatments with patient experiences in virtual environments. Initially, they will establish a Roblox rewards exchange for Akili’s EndeavorRx® treatment, an FDA-cleared prescription video game for ADHD in children. The partnership aspires to reshape the patient experience by making treatment engaging and enjoyable, enhancing cognitive health through innovative digital interactions.

Roblox Corporation (NYSE: RBLX) reported a 39% revenue increase year-over-year in Q1 2022, totaling $537.1 million. Daily Active Users (DAUs) rose 28% to 54.1 million, and Hours Engaged grew 22% to 11.8 billion. However, bookings fell 3% to $631.2 million. Looking ahead, April's revenue is projected to be between $189 million and $192 million, reflecting a 30%-32% year-over-year growth, while bookings are expected to decline by 8%-10%. The company emphasizes its ongoing focus on innovation for long-term investor returns.

The second annual Logitech Song Breaker Awards is set to premiere on Roblox (NYSE: RBLX) on April 30 at 10 a.m. PST. This innovative music awards show celebrates creators influencing pop music through social media trends. Hosting the event will be Bretman Rock, with a special performance by Lizzo. The awards highlight creators from the Billboard Song Breaker Chart, with various activities in the pre-show experience.

Logitech aims to engage communities by reimagining creator-focused award shows.

Roblox Corporation (NYSE: RBLX) will announce its first quarter 2022 financial results on May 10, 2022, after market close. The report will include key metrics for April 2022. A conference call to discuss these results is set for May 11, 2022, at 5:30 AM PT / 8:30 AM ET. Investors can access the live webcast on Roblox's investor relations website, with a replay and transcript available for at least 12 months. Roblox aims to connect people globally through immersive digital experiences, fostering creativity and positive interactions.