Unity Plunges On Guidance Reset (Ratings Upgrade)
Unity Software(U) Seeking Alpha·2024-02-27 20:02
imaginima Unity Software (NYSE:U) saw its stock dip after reporting earnings results on Monday after the close. The 3D development software company continues to see struggling top-line growth numbers, though it has made solid progress in boosting profitability. Management's guidance shows that 2024 is likely to be a transition year as the company digests the impact of focusing on its core businesses. While management is upbeat about exiting 2024 with a double-digit top-line growth rate, it is clear that con ...