Copywriting Discover best practices, get insights.Content Writing 101 Tips, strategies and advanced techniques.What are Backlinks? Backlinks still play an important role.Link Building Strategies Learn how to build powerful backlinks with 170+ strategies.How to Get High Quality Backlinks 7 proven strategies for building high quality backlinks. Link Building for SEO An in-depth guide, complete with case studies.What Is SEO? For people that are new to search engine optimization.On-Page SEO Optimize for UX, bounce rate, search intent, and more.Technical SEO Technical SEO is still SUPER important.Internal Linking for SEO Key for any site that wants higher rankings in Google.How to Conduct an SEO Competitor Analysis Reverse engineer their ranking strategies.Keyword Research for SEO Exactly how to do keyword research in 2023.The Complete SEO Checklist Covers technical SEO, On-page SEO, and keyword research.How to Create an SEO Strategy Learn exactly how to create a strategy, step by step.He also serves as the chief analyst and market researcher for Portfolio Wealth Global and hosts the popular financial YouTube channel Looking at the Markets. ĭavid Moadel has provided compelling content – and crossed the occasional line – on behalf of Crush the Street, Market Realist, TalkMarkets, Finom Group, Benzinga, and (of course). The opinions expressed in this article are those of the writer, subject to the Publishing Guidelines. On the date of publication, David Moadel did not have (either directly or indirectly) any positions in the securities mentioned in this article. After all, there’s no denying that user engagement is increasing, and that’s something the stakeholders can celebrate. That being said, there’s reason to believe that a breakout moment could be in store for RBLX stock. Investors should keep an close watch on the company’s bottom line in future earnings-data releases. I’ll concede that Roblox’s first-quarter results weren’t perfect. Hopefully, these positive trends will continue throughout 2021, even as lockdown restrictions are lifted in various regions of the world. So, we’ve learned that Roblox is engaging users internationally, and kids love to use the platform. Here’s another way to measure Roblox’s user engagement, along with the profitability this entails.ĭuring the first quarter of 2021, Roblox recorded $652.3 million in bookings, a definite beat compared to the expected $575.8 million.Īnd here’s another way to view the increase in user engagement: Roblox reported 42.1 million daily active users during 2021’s first quarter, up 79% year-over-year.Īt least in part, this was due to a whopping 111% increase in daily active users over the age of 13. Amazingly, users spent 9.7 billion hours on the Roblox platform during the first quarter of 2021.Īnd with that, engagement more than doubled in markets outside of the United States and Canada – indicating that Roblox’s reach is truly international. This is an item that immediately jumped out at me. If that didn’t cause you to run for the hills, then stick around for some positive news. That’s certainly worse than the $74.4 million, or 44 cents per share, recorded during the a year-ago quarter. Roblox’s quarterly net loss attributable to common stockholders increased to $134.2 million, or 46 cents per share. I’ll go ahead and start off with the not-necessarily-so-good news. On May 10, Roblox issued its first earnings release since the company’s direct listing.Īs it turns out, there were a number of notable highlights from the first quarter of 2021, both good and bad. So, let’s do some digging and see if we can identify a potential catalyst or two. The bulls are undoubtedly looking for that big breakout moment. As of the afternoon of May 18, the shares are trading at around $74.87 apiece. And, the momentum continued as RBLX stock reached a 52-week high of $83.41 on April 13.īut then, the stock’s price action has been range-bound since that time. The stock closed on that first day at $69.50 – an auspicious start, to say the least. However, likely due to anticipation of higher prices in the near future, the shares actually began trading at $64.50 when the general public was able to buy and sell them. Prior to the stock’s public debut, the New York Stock Exchange had established a reference price of $45 for RBLX stock. In a direct listing, the company doesn’t create new stock shares or raise any capital in the process.įurthermore, in a direct listing, the current investors can start selling the already existing shares as soon as trading opens. Some folks might confuse a direct listing with an initial public offering (IPO).
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