We are growing among users of all ages and across all geographies.

Roblox also reported monthly unique payers up 19% to 13.5 million, and hours engaged up 24% to 14 billion.Īs Roblox CEO David Baszucki noted alongside the earnings, 'We continue to drive high rates of organic growth in DAUs, Hours, and Bookings. That metric has been down year-over-year in seven of the last eight quarters it was flat in the eighth quarter. Roblox reported average bookings per DAU down 3% to $11.92. Getting those users to actually spend money on the platform may be an issue. 'Given the geographic and age diversity of our user base, along with investments in our product, we are confident that we are building a platform that could, over time, grow to support one billion DAUs,' the company said in a shareholder letter accompanying the earnings. In reporting its earnings, Roblox touted its daily active users (DAU) for the second quarter being up 25% year-over-year to 65.5 million, nearly twice what it had in the first full quarter of the pandemic in 2020.Īnd even though that's down from the 66.1 million it posted the previous quarter, Roblox is exceedingly optimistic about the longer term trends. Net losses: $285 million, compared to $179 million in the same quarter last year.The numbers: Roblox fiscal 2023 second quarter results Roblox today reported its financial results for the quarter ended June 30, showing the company continues to grow its revenues at the cost of the bottom line. Sign up for the GI Daily here to get the biggest news straight to your inbox

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