Earnings

Unity (U) Q4 2023 earnings report

0


Pavlo Gonchar | Lightrocket | Getty Images

Unity Software shares plummeted 17% in extended trading on Monday after the gaming software company issued weaker-than-expected guidance for the current quarter.

Here’s how the company did:

  • Earnings per share: Loss of 66 cents. The results may not be comparable to the 46 cent loss predicted by analysts according to LSEG, formerly known as Refinitiv
  • Revenue: $609 million vs. $596 million expected by analysts, according to LSEG

Unity said it expects first-quarter adjusted earnings of $45 million to $50 million, below the $113 million that analysts were expecting.

The company said going forward, it would only provide revenue guidance for its “strategic…



Source cnbc.com

0 0 votes
Article Rating

Jamie Dimon is ‘cautious about everything’ as he sees risks to a soft landing

Previous article

Lowe’s (LOW) Q4 2023 earnings

Next article

You may also like

Subscribe
Notify of
guest
0 Comments
Inline Feedbacks
View all comments

More in Earnings