“Shares of Roblox fall 12% after company releases March update”
April 17, 2023
“Shares of Roblox tumbled 12% on Monday after the gaming company released its March 2023 metrics report that showed it expects average bookings per daily user to fall year over year.
Roblox’s estimated average bookings per daily active user were between $3.73 and $3.85 in March, which reflects a change of -2% to +1% from the same period a year ago.
Estimated bookings were between $247 million and $255 million for the month, up 23% to 27% year over year…”