If Roblox Keeps Growing This Number, All Bets Are Off
Roblox (NYSE: RBLX) is set to report its first-quarter earnings after the market close on Monday, May 10. This will be the online platform's first earnings report since going public in March.
Investors will be closely watching how well Roblox is monetizing its users, since much of the content on the platform is free. One of the metrics management uses to evaluate the company's performance is average bookings per daily active user. The further Roblox can grow this number, the more valuable its platform becomes in the long run.
Heading into earnings, here's what you need to know about Roblox's progress toward monetizing its user base.
Source Fool.com
