By Senad Karaahmetovic
Roblox (NYSE:RBLX) expects to report booking for February of $245 million (up or down $2M), the company said today.
Revenue is seen in the range of $214-217M while average bookings per daily active user should come between $3.61 and $3.67.
The company reported 67.3M daily active users (up 22% year-over-year) in February and 4.6 billion hours engaged.
"Following the expected release of March 2023 monthly metrics in April 2023, the Company will cease publishing monthly key metrics," Roblox said in a statement.
RBLX also said it moved all of its cash and securities on deposit at or invested through SVB to another financial institution.
Truist analysts said the February key metrics are "solid" and better than he was expecting.
Stifel analysts added:
"At this point, we're comfortable with our 1Q assumptions and not making any changes to estimates."