Unity Software plunges as Q1 revenue forecast disappoints

Unity Software

20/02/2025 13:25

** Shares of video-game software maker Unity Software  U.N 
drops 9.2% to $19.50 before the bell
    ** Says it expects Q1 2025 rev between $405 mln and $415 mln
vs estimates of $439.5 mln – data compiled by LSEG
    ** Says Q4 rev was $457 mln vs estimates of $433.2 mln, down
25% year-over-over due to portfolio reset
    ** Reported narrower-than-expected Q4 loss of 30 cents/share
vs estimates of a loss of 37 cents/share
    ** Unity Software shares shed ~42.1% of its value in 2024

 (Reporting by Rishi Kant in Bengaluru)
 ((Rishi.Kant@thomsonreuters.com))