Roblox Bookings and Users Top Estimates Thanks to Three Hit Games

The Roblox appPhotographer: Gabby Jones/Bloomberg

Roblox Corp. shares fell after the company reported widening losses in the third-quarter as costs at the video-game company increased during a period of soaring user engagement.

The company reported a consolidated net loss of $257.4 million in the quarter, compared with a $240.4 million loss a year earlier.