Unity Falls 3% on Soft Q2 Guidance
From Financial Modeling Prep: 2025-05-07 16:33:00
Unity Software (NYSE:U) saw shares drop 3% as second-quarter outlook fell slightly short. However, first-quarter earnings and revenue exceeded expectations. Adjusted earnings per share were $0.24, double projections. Revenue reached $435 million, beating estimates. Adjusted EBITDA hit $83.9 million, outperforming forecasts and showing operational improvement.
Despite a revenue decrease from last year, Unity Software’s first-quarter results were strong. The company’s adjusted EBITDA for the quarter was $83.9 million, surpassing forecasts. Second-quarter revenue is projected between $415 million and $425 million, slightly below expectations. EBITDA guidance for the quarter is $70 million to $75 million, lower than the consensus.
Unity Software’s first-quarter earnings and revenue exceeded expectations, with adjusted earnings per share at $0.24. Revenue for the quarter was $435 million, beating estimates. Adjusted EBITDA reached $83.9 million, showcasing operational improvement. Second-quarter revenue is projected between $415 million and $425 million, with EBITDA guidance at $70 million to $75 million.
Read more at Financial Modeling Prep:: Unity Falls 3% on Soft Q2 Guidance