By Senad Karaahmetovic
Shares of Roblox Corp (NYSE:RBLX) are up about 15% in pre-open Monday after the company reported a strong jump in September daily active users (DAUs).
Roblox reported 57.8 million daily active users for September, up 23% YoY, and 4 billion hours engaged, up 16% YoY.
Roblox also projected that bookings were between $212 million and $219 million, which would imply 11-15% growth. Estimated average bookings per DAU were $3.67 to $3.79, down 7-10% YoY.
Finally, the estimated revenue was between $171 million and $180 million.
“The strengthening of the US Dollar against the Euro, British Pound, and other foreign currencies during 2022 has had an adverse impact on bookings. We estimate that the impact of foreign currency fluctuations led to a reduction of approximately 6% in the year-over-year growth rate for September bookings. On a constant currency basis, we estimate bookings growth would have been 17% - 21% year-over-year and ABPDAU would have been down 2-5% year-over-year,” Roblox said in a statement.