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Benzinga
Benzinga
Business
Joel Elconin

Breaking Down Roblox's Q3 Earnings Implosion: 'These Numbers Are A Disaster'

Roblox NYSE RBLX Roblox Corp

When an online video gaming company announces good user metrics, it does not always translate into better earnings. That applies to Roblox Corp (NYSE:RBLX), which is the PreMarket Prep Stock of the Day.

Roblox Rallies Off Good User Metrics: On Oct. 17, Roblox announced 2022 key metrics. Its daily active users totaled 57.8 million, 23% higher year over year. Estimated bookings were between $212 million and $219 million, which was 11%-15% higher year over year.

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