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Roku reported better than expected earnings and sales during its second quarter, but shares were falling amid concerns about a drop in streaming hours as Covid-19 restrictions relaxed.

The company (ticker: ROKU) reported earnings of 52 cents a share and total revenue of $645.1 million. The latter figure was up 81% year-over-year. Analysts were only expecting earnings of 13 cents a share and sales of $618.8 million, according to FactSet.

The headline figures weren’t enough to send shares higher. The stock was down 8.2% to $385.85 in extended trading. Prior to this earnings report, Roku had averaged an absolute post-earnings move of 16.7%.

Though active accounts were up by 1.5 million to 55.1 million from the first quarter, streaming hours of 17.4 billion were down one billion hours from the first quarter. The figure was two billion hours short of consensus estimates at 19.4 billion, according to FactSet. In a letter to shareholders, the company pointed to a consumer shift toward out-of-home entertainment during the second quarter amid pent up demand and loosening Covid-19 restrictions.

Average revenue per active user hit $38.46 on a trailing-twelve-month basis, up 46% year-over-year, and ahead of expectations of $35.30, according to FactSet.

The company also said tight supply conditions and shipping constraints increased costs across consumer electronics categories. Because Roku didn’t raise prices on its devices, gross margin in the Player segment turned negative for the quarter. The company expects such supply chain constraints and component cost increases to worsen in the second half.

For the third quarter, Roku expects total net revenue between $675 million and $685 million. Prior to the report, analysts were forecasting sales of $648.6 million. For earnings, Roku’s expectations range from a net loss of $3 million to net income of $7 million. That range is well above the net loss of $27.7 million that analysts were forecasting.