Roblox reported a 9% decline in average daily active users to 138 million, alongside a 15% drop in engagement hours to 34 billion. Despite these declines, the company posted a quarterly loss of $0.32 per share, beating the estimated loss of $0.41. This performance marks an improvement from the previous year, when the company reported a loss of $0.37 per share.
The company reported a 12% drop in bookings to $1.7 billion and forecasted a further decline of up to 15% for the next quarter.
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