Unity shares sink on weak guidance
Unity Software(U) CNBC·2024-02-27 06:55
Unity Software shares plummeted 17% in extended trading on Monday after the gaming software company issued weaker-than-expected guidance for the current quarter. Here's how the company did: Earnings: Loss of 66 cents per share. The results may not be comparable to the 46-cent loss predicted by analysts, according to LSEG, formerly known as Refinitiv. Revenue: 596 million as expected by analysts, according to LSEG. Unity said it expects first-quarter adjusted earnings of 50 ...