Video game engine developer Unity (U 3.75%) is a classic case of a company with incredible assets that nevertheless fumbled its way into a crisis. Unity is one of two major commercial game engines that dominate the market, along with Epic Games' Unreal Engine. There are plenty of other options, but the path of least resistance is Unity or Unreal.Despite this dominant position, Unity has made some disastrous decisions over the past few years that have decimated the stock. First, the $4.4 billion acquisition ...

Unity Software (U 3.75%) has had difficulty executing the business plan, and that's weighing on investor sentiment.*Stock prices used were the afternoon prices of Nov. 14, 2024. The video was published on Nov. 16, 2024. ...

Investment Rating - The report maintains a "Buy" rating for Unity (U.US) with a target price raised to $25, indicating a potential upside of 29% from the current price of $22.21 [4][7][18]. Core Insights - Unity's Q3 2024 revenue reached $447 million, exceeding market expectations of $410 million. The strategic revenue segment was $429 million, showing a 2% year-over-year decline. Adjusted EBITDA was $92 million, also above prior guidance. The company has raised its Q4 guidance, expecting strategic revenue between $422 million and $427 million, corresponding to a 0%-1% year-over-year growth [2][4]. - Subscription revenue continues to show double-digit growth, with Q3 2024 Create Solutions revenue at $132 million, a 5% year-over-year increase. The company has shifted back to a seat-based subscription model, which is expected to enhance revenue predictability and developer adoption [3][4]. - Unity's advertising segment is making positive strides, with Q3 2024 Grow Solutions revenue at $298 million, a 5% year-over-year decline. The company is investing in a new data platform to improve user acquisition and monetization performance [4]. Financial Summary - For FY 2024E, Unity's revenue is projected at $1.787 billion, with adjusted EBITDA margin expected to be 21%. For FY 2025E, revenue is forecasted at $1.805 billion, with an adjusted EBITDA margin of 23% [6][10]. - The company reported a total revenue of $1.391 billion in FY 2022, which increased to $2.187 billion in FY 2023. However, a decline is expected in FY 2024E, followed by a slight recovery in FY 2025E and FY 2026E [10][11].

Unity Software Inc. (U) came out with a quarterly loss of $0.31 per share versus the Zacks Consensus Estimate of a loss of $0.39. This compares to earnings of $0.18 per share a year ago. These figures are adjusted for nonrecurring items. This quarterly report represents an earnings surprise of 20.51%. A quarter ago, it was expected that this company would post a loss of $0.44 per share when it actually produced a loss of $0.32, delivering a surprise of 27.27%. Over the last four quarters, the company has su ...

Unity Software Inc. (NYSE:U) Q3 2024 Earnings Conference Call November 1, 2024 5:00 PM ET Company Participants Daniel Amir - Vice President, Head of Investor Relations Matt Bromberg - Chief Executive Officer Mark Barrysmith - Interim Chief Financial Officer Conference Call Participants Jason Bazinet - Citi Clark Lampen - BTIG Brent Thill - Jefferies Gili Naftalovich - Goldman Sachs Matthew Cost - Morgan Stanley Ross Sandler - Barclays Andrew Boone - JMP Securities Dylan Becker - William Blair Daniel Amir We ...

UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 Title of each class Trading Symbol(s) Name of each exchange on which registered Common stock, $0.000005 par value U The New York Stock Exchange FORM 10-Q (Mark One) ☒ QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the quarterly period ended September 30, 2024 OR ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from _______ to ...

Exhibit 10.1 November 4, 2024 Jarrod Yahes /by email Re: Offer of Employment by Unity Technologies SF Dear Jarrod: I am very pleased to confirm our offer to you of employment with Unity Technologies SF (the "Company"). You will report to Matthew Bromberg, Chief Executive Officer, in the position of Senior Vice President, Chief Financial Officer. The terms of our offer and the benefits currently provided by the Company are as follows: 1. Starting Salary. This is an exempt position. Your starting base salary ...

Unity Software (U) is slated to report third-quarter 2024 results on Nov. 7.The company expects third-quarter revenues between $415 million and $420 million, indicating a decline of 4-6% year over year. The Zacks Consensus Estimate is pegged at $428.01 million, indicating a decrease of 21.35% from the year-ago quarter’s reported figure.The consensus mark for earnings is pegged at a loss of 39 cents per share, which has remained unchanged in the past 30 days.Image Source: Zacks Investment ResearchFind the la ...

Unity Software Inc. (U) has recently been on Zacks.com's list of the most searched stocks. Therefore, you might want to consider some of the key factors that could influence the stock's performance in the near future.Over the past month, shares of this company have returned -3%, compared to the Zacks S&P 500 composite's -1% change. During this period, the Zacks Internet - Software industry, which Unity Software falls in, has gained 0.8%. The key question now is: What could be the stock's future direction?Al ...

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