U - Unity Software Stock Is Falling Tuesday: What's Going On? | Benzinga
Unity Software Inc (NYSE:U) shares are trading lower Tuesday on the heels of the company’s fourth-quarter financial results.
What Happened: Unity’s fourth-quarter revenue increased 35% year-over-year to $609 million, which beat the consensus estimate of $562.71 million. The company reported a quarterly loss of 66 cents per share, which missed analyst estimates for a loss of 42 cents per share, according to Benzinga Pro.
Create Solutions revenue came in at $290 million, up 47% on a year-over-year basis. Grow Solutions revenue totaled $319 million, ...