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Unity: Monetization Issues Will Take Time To Address
UUnity Software(U) Seeking Alpha·2024-08-21 12:46

airdone Unity (NYSE:U) reported results that were broadly in line with expectations in the second quarter, but the company cut guidance and announced it was changing its CFO. While the initial response to this was unsurprisingly negative, the share price has since recovered. Given Unity's relatively low valuation and improving cash flows, it is difficult to see too much additional downside. I previously suggested that Unity was all talk, with little actual progress occurring in the business. While the compa ...