Roblox Corp - RBLX STOCK NEWS

Roblox Corporation (NYSE: RBLX) reported a remarkable 108% revenue growth for fiscal year 2021, reaching $1.9 billion, with Q4 revenue increasing 83% year-over-year to $568.8 million.

Key metrics included 49.5 million daily active users (DAUs) in Q4, a 33% increase, and total hours engaged soaring to 10.8 billion, up 28%. Free cash flow for the year was $558.0 million. Looking ahead, January 2022 estimates suggest revenue between $203 million and $206 million, reflecting a year-over-year increase of 64% to 66%.

Alo Yoga and Roblox (NYSE: RBLX) have launched the Alo Sanctuary, an immersive wellness experience for yoga and meditation within the Roblox platform. Available from February 10, it aims to promote well-being and mindfulness. Alo will donate to mental health initiatives for every user completing wellness quests. This collaboration marks Alo's entry into digital fashion, featuring a five-piece collection for avatars in the sanctuary. Additionally, Alo will serve as the official wellness partner at New York Fashion Week, highlighting its commitment to community health.

Roblox (NYSE:RBLX) has partnered with the NFL to launch NFL Tycoon, an interactive gaming experience aimed at engaging football fans in the Metaverse. This initiative, starting with Super Bowl LVI, allows players to create their own NFL world, build teams, and participate in virtual events. With nearly 50 million daily users, Roblox aims to enhance fan engagement through immersive gameplay. The first event, 'Destruction House,' will coincide with the Super Bowl, providing fans a chance to interact with the NFL in a new digital format.

Roblox (NYSE: RBLX) is set to launch a virtual DJ concert featuring international star David Guetta on February 4, 2022, at 4:00 PM PT. Hosted with Wonder Works Studio and Warner Music Group, the event will offer an interactive experience in an intergalactic universe, including dance battles, puzzles, and virtual merchandise. This concert follows Guetta's accolades as DJ Mag's Top DJ of 2021 and aims to connect him with millions of fans globally through immersive technology.

Roblox Corporation (NYSE: RBLX) will release its fourth quarter and full year 2021 financial results on February 15, 2022, after market close. The company will also provide key metrics for January 2022. A conference call is scheduled for February 16, 2022, at 5:30 AM PT / 8:30 AM ET for Q&A regarding the results. Investors can access the live webcast on the Roblox investor relations website, where a replay will be available for at least 12 months.

iHeartMedia is expanding into web3 and the metaverse, launching new events on Roblox (NYSE: RBLX) and creating tokenized communities. This initiative aims to harness its reach of over 90% of Americans monthly to raise awareness for new platforms. CEO Bob Pittman emphasized the company's unique position to drive demand for emerging technologies, aiming for a new growth layer. iHeart plans to engage 47 million daily Roblox users through immersive musical experiences and a new token that rewards creators and fans with exclusive access and NFTs.

Forever 21 has partnered with Virtual Brand Group to launch an exclusive retail experience on Roblox (NYSE:RBLX) called Forever 21 Shop City. This immersive platform allows users to create and manage their own stores, buy and sell Forever 21 merchandise, and engage with a vibrant community of fashion influencers and builders. Key features include extensive customization options, themed districts, and monthly events like Forever 21 Day. This initiative aims to bridge the gap between the physical and virtual retail worlds, aligning with Forever 21's strategy to enhance customer engagement.

Roblox Corporation (NYSE: RBLX) reported key metrics for November 2021. Daily active users reached 49.4 million, a 35% increase year over year. Engagement hours totaled 3.6 billion, up 32%. Estimated bookings ranged from $208 million to $211 million, marking a 22% - 24% year-over-year rise. Average bookings per daily active user fell to between $4.21 and $4.27, down 8% - 9%. Revenue estimates were between $184 million and $187 million, an 84% - 87% increase year over year.

The British Fashion Council introduces the first-ever Fashion Award for Metaverse Design, in partnership with Roblox. The inaugural winner is cSapphire, recognized for excellence in digital fashion design. Five digital creators were shortlisted, judged by a prominent panel. To celebrate, an immersive experience on Roblox allows users to explore the awards, engage with nominees, and purchase exclusive Gucci items, with proceeds supporting the BFC Foundation.