Roblox Says Engagement is Strong Despite Year-over-Year Declines
Dow Jones10-30 06:23
1823 ET - Roblox says that its engagement remains strong despite year-over-year drops in both daily active users and engagement hours. The company says that the engagement metrics are up against a tough comparison from 2025, but that both DAUs and engagement hours have almost doubled since the third quarter of 2023. "We achieved the highest seasonally adjusted overall platform retention since 2021" during the third quarter, CEO David Baszucki adds on a Thursday call with analysts. Changes to the discovery algorithm in the third quarter have boosted retention and monetization, with a positive effect on bookings. The stock is down 17%, to $43.65, after-hours.
At the request of the copyright holder, you need to log in to view this content
Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.
Comments