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Active Users

All articles tagged with #active users

business2 years ago

Robinhood's Revenue Miss and Crypto Trading Launch in EU

Robinhood's stock dropped after the trading app reported lower-than-expected revenue due to a decline in active users and muted trading activity, despite benefiting from higher interest rates. The company also announced plans to launch a brokerage in the U.K. and crypto trading in the European Union. Robinhood reported a net loss of $85 million for the third quarter, with sales rising to $467 million. While net interest revenues increased, equities-trading revenue and revenue from crypto trades declined. Monthly active users fell by 16%. The stock is still up around 20% this year, but concerns remain about the return of student-loan payments and the impact of higher interest rates.

via MarketWatch|
#active-users#business#revenue
business2 years ago

Roblox Q1 Losses Widen Despite Surge in Active Users

Roblox reported a wider-than-expected loss of 44 cents per share for Q1 2021, but revenue (bookings) of $774 million beat expectations. The company's active users grew 22% YoY to reach an all-time high of 66 million, with engagement hours totaling 14.5 billion, up 23% YoY. Roblox's CEO attributed the bookings growth to "eight quarters of innovation and awesome engineering." The company reported a net loss of $268 million for the quarter, but signaled comfort with present headcount and compensation levels given the momentum in bookings.

via CNBC|
#active-users#business#q1-earnings
technology2 years ago

Meta Quest Boasts Over 6 Million Active Players in October.

Meta's Quest platform reportedly had 6.37 million active monthly users in October 2022, according to internal documents. Beat Saber generated $255 million in lifetime sales by the same month. Meta has sold nearly 20 million Quest headsets, and recently dropped the price of its Quest Pro headset to $1000. The VR market is expected to change with the launch of new hardware, including PSVR 2 and a rumored Apple headset.

via UploadVR|
#active-users#beat-saber#meta
gaming2 years ago

CS:GO Continues to Set Records with Counter-Strike 2 Hype

CS:GO has broken its own active player base peak with 1.5 million players on the game at the same time, according to video game user tracker SteamDB. The rising hype around the title has elevated their numbers to new heights, with Valve recently unveiling Counter-Strike 2 as the next title in the series. Despite being 11 years old, CS:GO's consistency has made it a perfect example where a title is easy to start but hard to master, and the competitive scene is thriving.

via Dot Esports|
#active-users#concurrent-players#csgo