Unity Software Has More To Lose Before Growth Is Reignited

BlackJack3D Unity Software Inc. (NYSE:U) has undergone a lackluster q2'24 earnings release in which revenue continued its decline for both Create and Grow segments for a total decline of -16%. Management is taking strides to turn this company around with a new CEO taking the helm, bringing in new growth initiatives to recreate their adrevenue segment using machine learning and other dynamic features. Despite the excitement, management restated their eFY24 forecast with a significantly reduced revenue trajec ...