roblox corp dropped in the extended session tuesday as the socialgaming platform reported another quarter of results that fell short of wall street estimates and bookings declined instead of increased as analysts wanted roblox rblx shares fell 10 after hours following a 58 decline in the regular session to close at 2319 the stock finished 67 off the 6950 it had closed at on its first day of trading back on march 9 2021 the company reported a firstquarter loss of 1602 million or 27 cents a share compared with a loss of 1342 million or 46 cents a share in the yearago period roblox finished the quarter with about 5885 million shares outstanding at the end of the quarter compared with the yearago quarter’s 2911 million shares revenue rose to 5371 million from 387 million in the yearago quarter while bookings declined to 6312 million from 6523 million in the yearago period analysts on average had forecast a loss of 22 cents a share on bookings of 6557 million factset’s wall street consensus for revenue compares against roblox’s reported bookings the company defines bookings as “revenue plus the change in deferred revenue during the period and other noncash adjustments” the importance of bookings comes into play as the company sells virtual currency on its site that may be considered deferred revenue read the roblox nonipo 5 things to know about the tweencentric gaming platform’s direct listing average daily active users or daus were 541 million up 28 from the same yearago period for april roblox said daus rose 23 to 531 million from a year ago “we remained focused on delivering our innovation roadmap to unlock the full potential of the roblox platform and drive longterm returns for investors” said david baszucki roblox chief executive in a statement “over the past two quarters we have launched a number of notable innovations including spatial voice and layered clothing that will continue driving user growth engagement and monetization” back in february roblox stock logged its worst oneday performance since it went public back in march 2021 dropping more than a quarter of its value in one trading session following lighterthanexpected results as oncestuckinside kids were finding other ways to spend their time