_ġ During the first quarter of 2022, the Company updated its paying user life estimate from 23 months to 25 months. The webcast will be open to the public at ir. or by clicking here. Roblox will host a live Q&A session to answer questions regarding their first quarter 2023 results on Wednesday, at 5:30 a.m. We also expect to see more of our bookings processed through credit cards and prepaid cards which will also have a positive impact on margins.” “Now that we are generating high rates of year-over-year bookings growth, we can now moderate our rate of investment in headcount and infrastructure thereby generating operating leverage. “In Q1 2023 we delivered strong performance across our core operating and financial metrics,” said Michael Guthrie, chief financial officer of Roblox. “The momentum in our business demonstrates the success of our creator community as they bring their visions to life on Roblox, attracting an ever-growing global user base that spans all ages.” “Since inception we have focused on building a technology platform that enables a large and growing community of creators to build amazing experiences,” said David Baszucki, founder and CEO of Roblox. Hours engaged were 14.5 billion, up 23% year-over-yearĪverage bookings per DAU (“ABPDAU”) was $11.70, flat year-over-year, and up 2% year-over-year on a constant currency basis 2 Net cash provided by operating activities was $173.8 millionĪverage Daily Active Users (“DAUs”) were 66.1 million, up 22% year-over-year Net loss attributable to common stockholders was $268.3 million Revenue was $655.3 million, up 22% year-over-year 1, and up 24% year-over-year on a constant currency basis 2īookings were $773.8 million, up 23% year-over-year, and up 25% year-over-year on a constant currency basis 2 Separately, Roblox posted a letter to shareholders and supplemental materials on the Roblox investor relations website at ir.įirst Quarter 2023 Financial and Operational Highlights SAN MATEO, Calif.–(BUSINESS WIRE)–Roblox Corporation (NYSE: RBLX), a global platform bringing millions of people together through shared experiences, released its first quarter 2023 financial and operational results today. Strong year over year growth in Daily Active Users, Hours Engaged, Revenue, and Bookings
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