About this content About Josh Lamb After graduating from the University of Kent in the summer of 2022 with a degree in History, Josh joined Proactive later that year as a journalist in the UK editorial team. Josh has reported on a range of areas whilst at Proactive, including energy companies during a time of global crisis, aviation and airlines as the sector recovers from the pandemic, as well as covering economic, social and governance issues. Read more About the publisher Proactive financial news and ...

Key TakeawaysUnity Software shares fell sharply in premarket trading Tuesday after the company issued weaker-than-expected current-quarter guidance.The company has recently undergone a portfolio and cost structure reset.Monitor if Unity Software shares find support around $25 near the lower trendline of a multi-year trading range.Unity Software (U) issued current-quarter guidance well below Wall Street’s estimates as the game development company undergoes a portfolio and cost structure reset, sending its sh ...

Unity Software Inc. (U) came out with quarterly earnings of $0.23 per share, beating the Zacks Consensus Estimate of $0.19 per share. This compares to break-even earnings per share a year ago. These figures are adjusted for non-recurring items.This quarterly report represents an earnings surprise of 21.05%. A quarter ago, it was expected that this company would post earnings of $0.15 per share when it actually produced earnings of $0.18, delivering a surprise of 20%.Over the last four quarters, the company ...

Unity Software Inc. (NYSE:U) Q4 2023 Earnings Conference Call February 26, 2024 5:00 PM ET Daniel Amir - Vice President and Head, Investor Relations Luis Visoso - Chief Financial Officer Jason Bazinet - Citi Brian Fitzgerald - Wells Fargo Michael Funk - Bank of America Andrew Boone - JMP Securities Jonathan Kees - Daiwa Welcome to Unity's Fourth Quarter 2023 and Year End Earnings Call. My name is Daniel Amir, VP and Head of Investor Relations. But before we begin, I want to note that today's discussion cont ...

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: Loss of 66 cents per share. 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 as expected by analysts, according to LSEG.Unity said it expects first-quarter adjusted earnings of $45 million to $50 mil ...

Unity Software Inc. shares were tumbling in late trading Monday after the app-monetization company whiffed with its latest results and forecasts.The company forecast $415 million to $420 million in fiscal first-quarter revenue for what it calls its “strategic portfolio,” deeming that its non-strategic portfolio will not be a meaningful contributor to revenue going forward. The FactSet consensus was for $534 million in revenue. Unity U, +5.69% also sees full-year revenue of $1.7 billion to $1.8 billion for t ...

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): February 26, 2024 UNITY SOFTWARE INC. (Exact name of registrant as specified in its charter) (State or other jurisdiction of incorporation) Delaware 001-39497 27-0334803 (Commission File Number) (I.R.S. Employer Identification No.) 30 3rd Street San Francisco, California 94103‑3104 (Address, in ...

In the latest trading session, Unity Software Inc. (U) closed at $31.02, marking a +0.62% move from the previous day. This move lagged the S&P 500's daily gain of 2.11%. On the other hand, the Dow registered a gain of 1.18%, and the technology-centric Nasdaq increased by 2.96%.Shares of the company witnessed a loss of 6.66% over the previous month, trailing the performance of the Computer and Technology sector with its gain of 1.69% and the S&P 500's gain of 3.08%.Analysts and investors alike will be keepin ...

PARIS & SAN FRANCISCO--(BUSINESS WIRE)--Capgemini and Unity (NYSE: U), the world’s leading platform for creating and growing real-time 3D (RT3D) content, today announced an expansion of their strategic alliance that will see Capgemini take on Unity’s Digital Twin Professional Services arm. Per the agreement, Unity’s Digital Twin Professional Services team will join and embed within Capgemini, forming one of the largest pools of Unity enterprise developers in the world. The transaction will accelerate the it ...

Unity Software Inc. (U) closed at $35.02 in the latest trading session, marking a +0.32% move from the prior day. The stock lagged the S&P 500's daily gain of 0.58%. At the same time, the Dow added 0.91%, and the tech-heavy Nasdaq gained 0.3%.Coming into today, shares of the company had gained 5.85% in the past month. In that same time, the Computer and Technology sector gained 8.43%, while the S&P 500 gained 4.61%.The investment community will be closely monitoring the performance of Unity Software Inc. in ...