Roblox’s March KPIs generally in line, says Stifel

Stifel analyst Drew Crum tells investors in a research note that Roblox’s March audience and engagement metrics were slightly ahead of the firm’s model, with the year over year growth rate accelerating vs. January and February. At the same time, the analyst, who made no change to the firm’s Buy rating, says bookings were in line, though "not good enough" to appease the market.