Unity Software's Q4 revenue increased 35% to $609 million, surpassing estimates, but reported a loss of 66 cents per share, missing expectations.
Unity Software's Q4 revenue grew 35% to $609 million, exceeding the consensus estimate of $562.71 million. However, the company reported a quarterly loss of 66 cents per share, which missed estimates for a loss of 42 cents per share. Unity expects first-quarter strategic portfolio revenue in the range of $415 million to $420 million. The company's shares fell 17.7% to $27.18 in pre-market trading following the announcement.
February 26, 2024
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