And bookings for the month fell between $243 million and $247 million, up 8% to 10% from July 2021. It said July daily active users hit a record high of 58.5 million, up 26% year over year. The company also offered a peek into the third quarter. Roblox said average bookings per daily active user was $12.25, down 21% year over year. Users spent more than 11 billion hours engaged in Roblox during the second quarter. That figure is up from 21% a year earlier, but down from the 54.1 million daily active users it reported in the first quarter. Roblox reported 52.2 million average daily active users, about a million shy of the StreetAccount consensus. The company generates revenue from sales of its virtual currency called Robux, which players use to dress up their avatars and buy other premium features in the games. The revenue figure is what Roblox calls bookings, which include sales recognized during the quarter and deferred revenue. Shares fell more than 12% in after-hours trading. Roblox builds the tools and platform that empower people to create their own immersive experiences, so that any world they can imagine can be brought to life. Personal Loans for 670 Credit Score or Lower Personal Loans for 580 Credit Score or Lower Best Debt Consolidation Loans for Bad Credit
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