Unity Software Has More To Lose Before Growth Is Reignited
UUnity Software(U) Seeking Alpha·2024-08-15 08:11

BlackJack3D Unity Software Inc. (NYSE:U) has undergone a lackluster q2'24 earnings release in which revenue continued its decline for both Create and Grow segments for a total decline of -16%. Management is taking strides to turn this company around with a new CEO taking the helm, bringing in new growth initiatives to recreate their ad-revenue segment using machine learning and other dynamic features. Despite the excitement, management restated their eFY24 forecast with a significantly reduced revenue traje ...