Roblox posted a wider third-quarter loss but boosted its revenue forecast for the year as a pair of videogaming crazes ...

On a net-income basis, Roblox is still losing considerable money. In Q3, the company had a net loss of $257 million, which was worse than its net loss of $240 million in the same quarter of last year.

Roblox (NYSE: RBLX) reported third-quarter results this morning that exposed a fundamental tension in the platform’s story.

Roblox shares sank 10% on Thursday as the company said it expects increased capital expenditures that could pressure margins.