Unity (U) Q4 2023 earnings report
From CNBC:
Unity Software shares fell 17% in after-hours trading after weak guidance for the current quarter. Q4 earnings per share: Loss of 66 cents, revenue $609 million. Q1 adjusted earnings guidance: $45-50 million, lower than analysts’ $113 million expectation. Company restructuring includes cutting 1,800 jobs. Q1 strategic portfolio revenue guidance: $415-420 million. Year-over-year revenue up 35%. Former CEO retired in October.
(Fact check: Unity Software Q4 earnings per share: Loss of 66 cents. Revenue $609 million. Q1 adjusted earnings guidance: $45-50 million. Q1 strategic portfolio revenue guidance: $415-420 million. Year-over-year revenue up 35%. Cutting 1,800 jobs. Former CEO retired in October.)
Read more at CNBC:: Unity (U) Q4 2023 earnings report