Unity Software earnings missed by $0.64, revenue topped estimates

  • Investing.com
Unity Software earnings missed by $0.64, revenue topped estimates

Investing.com - Unity Software (NYSE: U) reported first quarter EPS of $-0.67, $0.64 worse than the analyst estimate of $-0.03. Revenue for the quarter came in at $500M versus the consensus estimate of $481.46M.

Guidance

Unity Software sees Q2 2023 revenue of $510.00M-$520.00M versus the analyst consensus of $497.00M.

Unity Software sees FY 2023 revenue of $2.00B-$2.20B versus the analyst consensus of $2.13B.

Unity Software's stock price closed at $28.73. It is down -19.59% in the last 3 months and down -5.28% in the last 12 months.

Unity Software saw 2 positive EPS revisions and 10 negative EPS revisions in the last 90 days. See Unity Software's stock price’s past reactions to earnings here.

According to InvestingPro, Unity Software's Financial Health score is "weak performance".

Check out Unity Software's recent earnings performance , and Unity Software's financials here.

Stay up-to-date on all of the upcoming earnings reports by visiting Investing.com's earnings calendar.

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