Shares of Roblox popped Tuesday after the gaming company released its December 2022 metrics report.
metrics report. It showed estimated bookings were between $430 million and $439 million for the month, up 17% to 20% year-over-year.
Roblox calls its revenue figure bookings. The company generates revenue from sales of its virtual currency called Robux, which players use to dress up their avatars and buy other premium features in the games.Roblox's average bookings per daily active user were between $6.99 and $7.14 for the month, which reflects a change of -1% to +1% year-over-year.
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