2/21/2024 0 Comments Is roblox stock worth buyingStill, RBLX maintains a strong balance sheet with $3 billion in cash and $1.23 billion in total debt, providing some security for the business’s longevity. The gaming company is also estimated to grow revenues 22% for fiscal 2022, which is significantly lower than the previous year’s growth rates. Roblox’s earnings are estimated to drop $0.14 for fiscal 2022, going from an EPS (earnings per share) of -$0.85 down to -$0.99. Roblox also reported roughly $491.7 million in net losses for fiscal 2021, marking a $240 million decrease since fiscal 2020 and a $404 million decrease since fiscal 2018. On the other hand, RBLX's estimated bookings were down 2%- 4% year-over-year.ĭigging deeper, RBLX reported $1.92 billion in revenues for fiscal 2021, marking 108% growth since fiscal 2020 and a 490% increase since fiscal 2018. The firm also reported 3.8 billion hours of engagement for the month of February, up 21% year-over-year. RBLX reported 55.1 million daily users, up 28% year-over-year. On March 15, the senior leadership team at Roblox Corporation (NYSE:RBLX) released some key metrics for February 2022.
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