In pre-open Monday, shares of Roblox Corp (NYSE:RBLX) are up about 15 per cent after the company reported a strong jump in September daily active users (DAUs). For September, Roblox reported 57.8 million daily active users, up 23 per cent YoY, and 4 billion hours engaged, up 16 per cent YoY.
Roblox also projected that bookings were between USD 212 million and USD 219 million, which would imply 11-15 per cent growth. Estimated average bookings per DAU were USD 3.67 to USD 3.79, down 7-10 per cent YoY. The estimated revenue was between USD 171 million and USD 180 million.
The company said that the strengthening of the US Dollar against the Euro, British Pound, and other foreign currencies during 2022 has had an adverse impact on bookings. It estimates that the impact of foreign currency fluctuations led to a reduction of approximately 6 per cent in the year-over-year growth rate for September bookings.
On a constant currency basis, the company estimates bookings growth would have been 17 per cent – 21 per cent year-over-year, and ABPDAU (Average Revenue Per Daily Active User) would have been down 2-5 per cent year-over-year.