Roblox earnings

Roblox Q4 Beats Expectations

For the fourth quarter ending 12/31/22, Roblox Corporation (NYSE: RBLX) reported revenue of $579 million, up 2% over the previous year’s quarter.  For the full fiscal year, revenue in 2022 was  $2.2 billion, up 16% over 2021.  Roblox reported a loss of $924 million for the year. Bookings for the fourth quarter were $899 million, up 17% over the previous year.  For the full year, bookings were up 5% at $2.9 billion. Analysis Roblox beat.....
Roblox Metrics

Roblox Reports December 2022 Metrics

Ahead of quarterly earnings, Roblox Corporation (NYSE: RBLX) reported that for December 2022 daily active users reached 61.5 million, an 18% year-over-year increase.  However, the estimated revenue is expected to be flat to slightly down.  Roblox also announced that starting in April 2023 the company will no longer publish monthly metrics. Analysis The discontinuation of monthly metrics is probably a positive for Roblox as it will put the focus on lo.....
Video game Stock Index

DFC Intelligence Launches Video Game Stock Index

Stock prices in the video game and interactive entertainment industry soared during COVID stay-at-home orders.  In 2022, stock prices came down across the board.  As the global economy heads towards a potential recession now is the time to evaluate company valuation.  To track the overall video game industry, DFC has launched the DFC Intelligence Video Game Stock Index. Introducing the Video G.....
Roblox Revenue

Roblox Revenue Increases

For the first nine months ending 9/30/22, Roblox Corporation (NYSE: RBLX) revenue increased 22% to $1.65 billion.  However, net loss was up to $634 million from a loss of $348 million for the first nine months of 2021. Analysis Roblox was one of the biggest gaming IPOs ever in March 2021 with an initial market value of over $38 billion.  Obviously, performance standards for the company are high.....
PC Game Market Forecast

PC Game Market Hits $37 Billion

After record sales for PC games in 2020, growth slowed in 2021.  Nevertheless, PC game sales are expected to remain at high levels in the coming years.  The PC has become a true cross-platform play for both console and mobile game manufacturers.  Going forward the line between game hardware platforms will become increasingly blurred even as a growing number of consumers own high-end PCs. In 2021, PC game sales were up 2% to $37 billion.  The .....
Cloud Game Forcast

Cloud Gaming Forecasted to Reach $13.6 Billion by 2026

The concept of consumers being able to stream games and interactive content directly from the cloud to any device has been around for years. In recent years this has started to become a reality with numerous streaming subscription services for games. A new report from DFC Intelligence forecasts that cloud gaming and interactive streaming will increase an order of magnitude over the next five years. However, much of that growth will occur for products and services that are not part of a.....
PC Game Market

Western Game Companies Lead Record Growth In PC Games

After several years of flat to stagnant growth the PC game market grew 19% in 2020 to reach $36 billion. While much of this growth was because of increased usage due to stay-at-home orders, there are encouraging long-term signs for PC games. The most notable trend in PC games is that Western publishers are now among the biggest players in terms of revenue. For many years, China and Asia in general have been the dominant players in the PC game space. Market growth slowed as much of the .....
Will Roblox Be Biggest Video Game IPO Ever?

Will Roblox Be Biggest Video Game IPO Ever?

Roblox is a video game company that has flown under the radar for many years. This is likely to change this month as the company prepares to go public. Roblox has the potential to become one of the biggest video game IPOs ever. The potential IPO was first announced last fall. The listing has been delayed several times but is currently set for March 10. Roblox will trade on the New York Stock Exchange under the symbol RBLX. The Roblox IPO has flown somewhat under the radar in par.....

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