Online gaming firm Roblox Corp. reported a triple-digit climb in its May revenue, but daily active users contracted month-on-month.
- Revenue is estimated to have grown between 124% and 126% to $149 million to $151 million year-on-year. Bookings are estimated up by 24% to 26% to between $216 million and $219 million.
- Daily active users (DAU) climbed 28% year-on-year to 43 million, but were down 1% from 43.3 million in April. Average bookings per DAU dropped 2% to 3% to an estimated $5.02 to $5.09.
- The number of hours users were engaged jumped 9% year-on-year to 3.2 billion, and 1% higher month-on-month from 3.2 billion in April.
Roblox went public through a direct listing in March. RBLX is down 4.72%.