Unity Software Inc. (U) released Loss for fourth quarter of -$89.963 million
The company's earnings totaled -$89.963 million, or -$0.21 per share. This compares with -$122.727 million, or -$0.30 per share, last year.
The company's revenue for the period rose 10.1% to $503.089 million from $457.099 million last year.
Unity Software Inc. earnings at a glance (GAAP) :
-Earnings: -$89.963 Mln. vs. -$122.727 Mln. last year.-EPS: -$0.21 vs. -$0.30 last year.-Revenue: $503.089 Mln vs. $457.099 Mln last year.
For the fourth quarter, excluding items, the company posted earnings of $0.24 per share, higher than $0.20 per share in the same period last year.
Looking ahead, for the first quarter, the software company expects a rise in earnings and revenue.
For the first quarter of fiscal 2026, Unity expects adjusted EBITDA of $105 million to $110 million, on revenue of $480 million to $490 million.
For the first quarter of fiscal 2025, the company had posted adjusted EBITDA of $84 million, on revenue of $435 million.
U was down by 23.75% at $22.13 in the pre-market trade on the New York Stock Exchange.
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