Will Engagement Trends Improve for Roblox?
Roblox (NYSE: RBLX) is scheduled to report fiscal 2022 first-quarter earnings after the markets close on Tuesday, May 10. The metaverse pioneer sees engagement trends decline as kids return to school and economies reopen. The company thrived at the pandemic's onset as billions of people spent more time at home.
When it reports Q1 figures on May 10, it will be interesting to see if management's expectations have changed from the most recent update they provided investors. At that time, Roblox was forecasting that engagement trends would improve around the middle of the year.
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Source Fool.com
