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home / news releases / U - Unity Software: After Another Smackdown On Earnings Time To Speculate

U - Unity Software: After Another Smackdown On Earnings Time To Speculate

Unity Software Inc.

2024-05-10 16:36:08 ET

Summary

  • Unity Software Inc.'s total revenue decreased by 8% from last year, but exceeded estimates by $26.9 million.
  • The company's core strategic portfolio showed a 2% increase, driven by growth in subscriptions and partnerships.
  • Unity Software's guidance for Q2 fell below consensus, but adjusted EBITDA is a reason to be positive.
  • A speculative bet on a return to growth following this transition.

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For further details see:

Unity Software: After Another Smackdown On Earnings, Time To Speculate
Stock Information
Company Name: Unity Software Inc.
Stock Symbol: U
Market: NYSE
Website: unity.com
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