![]() ![]() Roblox revenue grew 2% year-over-year to $517.7 million in the quarter, but Wall Street tends to focus on another figure called bookings, which represents both the revenue plus the change in deferred revenue during the period and other non-cash adjustments. The company, which caters to a younger demographic with its virtual-world gaming platform, reported a loss of $297.8 million, or 50 cents per share, when analysts had forecast a loss of 32 cents a share. ![]() And a pareidolia effect is created from the combined shapes, resulting in the perception of an “S” for “Studio”.One of the big players in the “metaverse” space, gaming platform Roblox, saw its stock tumble by more than 15% in pre-market trading on Wednesday after reporting a wider-than-anticipated loss in its third-quarter earnings. Roblox Studio is about building amazing experiences! The two pieces of the logo represent the connection, collaboration, and building of our community. With the refresh of the logo, we wanted to give its design more purpose. Our previous Studio logo design echoed the Roblox App logo while visually distinguishing itself and addressing accessibility for color-blind users. ![]() Now, we’re refreshing the Studio logo and bringing a touch of those ideas into the new design, reinforcing what our platform is all about! In early 2019, we reshaped Roblox’s product branding in order to elevate our platform’s content-making the color and design of the logo more neutral helped shift emphasis away from the brand and towards the experiences on the platform. ![]()
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