That’s equivalent to 22.84 million puts and 24.78 million calls, implying a relatively neutral options stance. Meanwhile, the institutional put/call ratio sits at 0.92, up from 0.91. Among these filers, 16 own RBLX in their top 10 positions. During the fourth quarter, 536 13F filers disclosed a position in RBLX stock, a decline of 33 filers from the prior quarter. Tracking institutional ownership is important, as these large investors provide liquidity and support for stocks. The publishing of monthly metrics is not a requirement, so Roblox has full power to stop the release of these reports at its discretion. While we believe that has provided incremental information to investors regarding the seasonality of the business, we have decided to cease providing key monthly metrics to align our reporting cadence with our value of taking the long view.” “We have now published monthly key metrics over our first eight quarters as a public company. Roblox had the following to say in the report: ABPDAU tallied in at between $3.73 and $3.85, which signifies a yearly change between a reduction of 2% and a gain of 1%. So, why exactly is RBLX stock down so much? The culprit may be a potential decline in estimated average bookings per DAU (ABPDAU) and a halt in monthly metric reporting. Finally, total hours engaged was 4.8 billion, up by 26% YOY. Roblox added that foreign currency fluctuations led to an approximately 2% decline in revenue and bookings for the month. Meanwhile, bookings were estimated to be between $247 million and $255 million, up between 23% and 27%. In addition, the entertainment company estimated revenue of between $212 million and $223 million, a 15% to 21% YOY increase. Daily active users (DAUs) totaled 66.2 million, up by 26% year-over-year (YOY). Roblox (NYSE: RBLX) stock is sinking lower by more than 11% today after the company released its key metrics for March.
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