Roblox beats bookings estimates on higher in-game spending, shares jump

A man photographs a Roblox banner displayed, to celebrate the company's IPO, on the front facade of the New York Stock Exchange (NYSE) in New York, U.S., March 10, 2021. REUTERS/Brendan McDermid/ File Photo

(Reuters) -Roblox beat quarterly bookings estimates as in-game spending jumped and summer break drove more users to its online gaming platform for titles including "Adopt Me!" and "Murder Mystery 2", sending its shares over 17% higher on Wednesday.

The results are the latest sign that spending was holding up well on videogames in an uncertain economy, after Electronic Arts raised its annual forecast last week.