Vladimir Vladimirov/E+ via Getty Images We previously traded Unity Software Inc. (NYSE:U) a few years ago, before rates started rising. When rates started rising, many unprofitable or barely profitable, revenue growth tech type companies fell out of favor in a bad way. A few months ago, we labeled Unity a speculative buy after it got beaten down following Q1 earnings. However, shares have continued to face pressure. We continue to assert that the revenue declines are temporary, but it is now a "show me" sto ...

Since going public, the stock is down 80%. In this video, I will talk about Unity Software's (U 3.09%) second-quarter earnings report. Check out the short video to learn more, consider subscribing, and click the special offer link below. *Stock prices used were from the trading day of Aug. 8, 2024. The video was published on Aug. 8, 2024. ...

Unity Software Inc. (U) came out with a quarterly loss of $0.32 per share versus the Zacks Consensus Estimate of a loss of $0.44. This compares to earnings of $0.07 per share a year ago. These figures are adjusted for nonrecurring items. This quarterly report represents an earnings surprise of 27.27%. A quarter ago, it was expected that this company would post earnings of $0.05 per share when it actually produced earnings of $0.15, delivering a surprise of 200%. Over the last four quarters, the company has ...

Unity Software Inc. (NYSE:U) Q2 2024 Earnings Call Transcript August 8, 2024 5:00 PM ET Company Participants Daniel Amir - VP and Head of IR Matt Bromberg - CEO Luis Visoso - CFO Conference Call Participants Clark Lampen - BTIG Matt Cost - Morgan Stanley Ross Sandler - Barclays Gili Naftalovich - Goldman Sachs Dylan Becker - William Blair Parker Lane - Stifel Josh Tilton - Wolfe Daniel Amir Welcome to Unity's Second Quarter 2024 Earnings Call. My name is Daniel Amir, VP and Head of Investor Relations. After ...

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 June 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 ____ ...

UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 8-K CURRENT REPORT Pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934 Date of Report (Date of earliest event reported): August 8, 2024 | --- | |--------------------------------------------------------------------------------| | UNITY SOFTWARE INC. (Exact name of registrant as specified in its charter) | | 001-39497 | | (Commission File Number) | | 30 3rd Street | | San Francisco, California 94103 ‑ 3104 | | | | ...

The investment community will be closely monitoring the performance of Unity Software Inc. in its forthcoming earnings report. The company is scheduled to release its earnings on August 8, 2024. The company's earnings per share (EPS) are projected to be -$0.44, reflecting a 728.57% decrease from the same quarter last year. Meanwhile, the latest consensus estimate predicts the revenue to be $433.43 million, indicating a 18.76% decrease compared to the same quarter of the previous year. Research indicates tha ...

The growth potential and better valuation are there. But can the software company make improvements to the bottom line? In 2021, the metaverse was creating the loudest buzz in the investing world, and Unity Software (U -0.98%) was seen as a key architect of that future. The stock soared past $200 per share because management said it expected to grow revenue at a compound annual growth rate of at least 30% for the foreseeable future. What Unity has in its favor In the first quarter of 2024, Unity's revenue d ...

For the full year, the Zacks Consensus Estimates are projecting earnings of -$1.81 per share and revenue of $1.83 billion, which would represent changes of -541.46% and -16.21%, respectively, from the prior year. The Zacks Industry Rank is ordered from best to worst in terms of the average Zacks Rank of the individual companies within each of these sectors. Our research shows that the top 50% rated industries outperform the bottom half by a factor of 2 to 1. Unity Software Inc. (U) ended the recent trading ...

The video game engine developer is buckling under the weight of years of bad decisions. Unity (U -2.31%) should be in an enviable position. The company's game engine is wildly popular, powering a long list of high-profile and niche games. Unity and Unreal Engine from Epic Games are often the two choices game developers seriously consider for their next game. A string of bad decisions Unfortunately, Unity has made a series of missteps. The company paid $4.4 billion in 2022 for ironSource, an app monetization ...