"We think we'll see a little bit of leverage in cost of goods sold because we've slowed down hiring." "We will see leverage against pretty much all of the cost areas over the next 12 months," Chief Financial Officer Michael Guthrie said on the earnings call, according to a transcript provided by AlphaSense/Sentieo. Nonetheless, Roblox's (RBLX) management expressed optimism about opportunities to reduce costs moving forward. Analysts tracked by FactSet were anticipating a 44-cent loss per share. The company logged a net loss of $283 million, or 46 cents a share, compared with a loss of $176 million, or 30 cents a share, in the same period a year ago. shares were tanking nearly 19% in Wednesday morning trading after the gaming company fell short of bookings expectations for the second quarter and saw its losses swell. 'We will see leverage against pretty much all of the cost areas over the next 12 months,' CFO says
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