WDAY - Unity Software Posts Q4 Loss Joins CarGurus Intuitive Machines And Other Big Stocks Moving Lower In Tuesday's Pre-Market Session | Benzinga
U.S. stock futures were higher this morning, with the Dow futures trading higher by around 15 points on Tuesday.
Shares of Unity Software Inc. (NYSE: U) fell sharply in today’s pre-market trading after the company reported mixed financial results for its fourth quarter.
Unity said fourth-quarter revenue increased 35% year-over-year to $609 million, beating the consensus estimate of $562.71 million. The company reported a quarterly loss of 66 cents per share, which missed estimates for a loss of 42 cents per share, according to Benzinga Pro.
The company said it sees first-quarter strategic portfolio revenue in the range of $415 million to $420 million.
Unity Software shares ...