Video-game companies have shares RobloxAfter the impressive third quarter results, analysts were impressed by company’s announcement, extended trading saw a 35% increase in Monday trades

The company’s success story is shown below:

• EarningsVerlustes up to 13 cents each share
• Bookings (revenue)Adjusted $637.8 Million vs. $636.5 Million as anticipated by analysts according to Refinitiv.

In the third quarter, bookings increased 28% year-over-year. The revenue excluding deferred revenues was $509.3million, an increase of 102% over the previous quarter, according to a statementThe following: Revenue grew 127% in the last quarter.

According to executives, “Roblox continues to be an essential part of people’s day even though users return back into pre-pandemic behaviors and routines.” letter to shareholders

After a loss of $48.6m in the quarter prior to this year, net income at company grew to $74,000,000.

Roblox stated that the average user of the site was 47.3 million per day in its third quarter. This is 31% more than the 2nd quarter’s 43.2 million users.

Between Oct. 28-31, the game was not available. This period falls within the fourth quarter of Roblox. According to the shareholder letter, the incident caused a drop in daily active users and $25 million in lost bookings. This includes $6 million in bookings which arrived during the outage. Roblox developers did not receive any compensation.

At 8:30 AM, executives will talk with analysts about the results on a conference phone call. ET Tuesday.

Roblox stock gained more than 60% after hours trading from $64.50, the price at which it began trading in March on the New York Stock Exchange. direct listing

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