TOKYO & SAN FRANCISCO--(BUSINESS WIRE)--Unity (NYSE:U), the world’s leading platform of tools for creators to build and grow real-time games, apps, and experiences across multiple platforms, announced today a new partnership with Mazda Motor Corporation (“Mazda”) to develop a next-generation in-cabin car experience that will deliver a more seamless on-road experience for drivers. The agreement is part of Mazda's research and development efforts for continuous evolution in the cockpit HMI area, and the GUI t ...

Unity Software (U -1.40%) posted its fourth-quarter earnings report on Feb. 26. The gaming software developer's revenue rose 35% year over year to $451 million, which exceeded analysts' expectations by $56 million. However, that figure was significantly inflated by its shutdown of Weta Digital, which resulted in the release of its deferred revenue during the quarter, as well as inorganic gains from its merger with the ad tech company ironSource last November.Excluding those two factors, Unity's revenue fell ...

Shares of tech company Unity Software (U -1.40%) have been on a roller coaster the past year. The stock hit a 52-week high of $50.08 last July before sinking to a low of $22.20 in November. Then shares zoomed past $40 toward the end of 2023, only to drop to around $30 at the time of this writing.These swings might make you wonder if its latest share price drop creates a buy opportunity. The answer is complicated because the company is undergoing substantial changes.To determine if Unity stock is worth buyin ...

Unity Software Inc. (U) has been one of the most searched-for stocks on Zacks.com lately. So, you might want to look at some of the facts that could shape the stock's performance in the near term.Shares of this company have returned -8.3% over the past month versus the Zacks S&P 500 composite's +5.2% change. The Zacks Internet - Software industry, to which Unity Software Inc. belongs, has gained 12.6% over this period. Now the key question is: Where could the stock be headed in the near term?Although media ...

In today's video, I discuss recent updates impacting Unity Software (U 0.02%). Check out the short video to learn more, consider subscribing, and click the special offer link below.*Stock prices used were the market prices of Feb. 28, 2024. The video was published on Feb. 29, 2024. ...

UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 10-K (Mark One) ☒ ANNUAL REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the fiscal year ended December 31, 2023 OR ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from _______ to _______ Commission File Number: 001-39497 UNITY SOFTWARE INC. (Exact name of registrant as specified in its charter) Delaware 27-0334803 (State or other ...

Shares of Unity Software (U -8.81%), a maker of 3D virtualization software for the gaming industry, slid 6% through 10:30 a.m. ET Tuesday after reporting mixed earnings last night.Analysts already weren't terribly optimistic heading into the company's fourth-quarter report Monday evening, expecting Unity to report sales of $562.7 million but a loss of $0.45 per share. As it tuned out, Unity exceeded expectations on sales, which came in at a strong $609.3 million. Losses, however, were much worse than feared ...

Unity Software Inc. has hit the reset button, but analysts are split on whether the app-monetization software company now has a brighter future ahead. The company’s latest results were “were much worse than expected,” noted Jefferies analyst Brent Thill, who pointed to a 2% drop in quarterly pro forma revenue relative to a year earlier. Meanwhile, Unity’s U, -9.81% fiscal first-quarter outlook implies flat growth. “We worry that the loss of the ironSource team and lack of a new product in the Grow segment c ...

Unity Software (U) reported fourth-quarter 2023 adjusted earnings of 23 cents per share, beating the Zacks Consensus Estimate of 19 cents. The reported figure compared favorably with breakeven earnings in the year-ago quarter.Revenues of $609.27 million beat the consensus mark by 13.57% and jumped 35.1% year over year.Quarter DetailsRevenues from Grow Solutions (52.4% of total revenues) jumped 26% year over year to $319 million. The figure lagged the Zacks Consensus Estimate by 9.08%.Industries (beyond game ...

imaginima Unity Software (NYSE:U) saw its stock dip after reporting earnings results on Monday after the close. The 3D development software company continues to see struggling top-line growth numbers, though it has made solid progress in boosting profitability. Management's guidance shows that 2024 is likely to be a transition year as the company digests the impact of focusing on its core businesses. While management is upbeat about exiting 2024 with a double-digit top-line growth rate, it is clear that con ...