Roblox Q4 Avg, DAUs 71.5M, Up 22% YoY; Hours Engaged 15.5B, Up 21% YoY
Portfolio Pulse from Benzinga Newsdesk
Roblox reported a 22% year-over-year increase in daily active users (DAUs) for Q4, reaching 71.5 million. Hours engaged also rose by 21% YoY to 15.5 billion, indicating strong user engagement and growth.
February 07, 2024 | 1:02 pm
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Roblox's Q4 report shows significant growth in DAUs and user engagement, indicating a positive trend for the company.
The increase in daily active users and hours engaged suggests that Roblox is continuing to expand its user base and increase engagement, which are positive indicators for the company's growth and potentially its stock price.
CONFIDENCE 95
IMPORTANCE 90
RELEVANCE 100