Roblox misses on top and bottom, shares dip 12%

Roblox

that missed analyst estimates on the top and bottom lines.

Here’s how the company did:

• Loss per share: 30 cents vs. 21 cents expected, according to a survey of analysts polled by Refinitiv.
• Revenue: $639.9 million vs. $644.4 million expected, according to Refinitiv.

Shares fell more than 12% in after-hours trading.

The revenue figure is what Roblox calls bookings, which include sales recognized during the quarter…