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At that market cap, Roblox would trade at 14.3 times its estimated 2021 bookings and about 89 times its estimated 2021 operating cash flow. This is no doubt expensive.
Roblox beat analyst bookings estimates but missed earnings per share estimates. The company reported bookings growth of 161% year-over-year to $652 million. Watch Roblox trade live here.
Games platform Roblox expects to hit $1.5 billion in revenue this year. Moreover, the company believes that it will accumulate $2.1 billion in non-GAAP bookings for the 12 months ending December 31st, ...
One of the most popular gaming platforms is about to go public. Roblox is expected to start trading shares in the growing video game company on Wednesday. It will trade on the New York Stock ...
Looking ahead, Roblox sees its revenue rising as much as 64% to $1.5 billion in 2021. However, it cautions that growth could slow as the COVID-19 crisis subsides and children have more forms of ...