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The estimated May 2022 Key Metrics are forward-looking statements and are based on current expectations, estimates, forecasts, and projections as well as the beliefs and assumptions of management.
Roblox has been delivering revenue growth in every single quarter since 2019 -- until recently. In the first quarter of 2022, revenue fell 6% sequentially while order bookings declined by 18%.
Nick Tornow is joining Roblox as VP of Engineering for its developer team, leaving his former post as Twitter Platform Lead. He also spent a decade at Zynga.
The estimated August 2022 Key Metrics are forward-looking statements and are based on current expectations, estimates, forecasts, and projections as well as the beliefs and assumptions of management.
As such, it wouldn't be surprising to see Roblox maintain a terrific pace of revenue growth in the long run. But will its growth be enough to turn it into a trillion-dollar company?
Though shares are performing well, it has room to run higher if Roblox posts strong holiday traffic. Risks Growing concerns about Roblox being unsafe for children might hurt the stock.
The "Roblox" massive outage this May 2022 is affecting thousands of gamers across the globe. The server issues began around 2:00 a.m. EST on Wednesday, May 4.
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