As a seasoned gamer with decades of experience under my belt, I’ve seen the evolution of game engines up close, and Unity has been a constant companion in that journey. The Q3 2024 earnings report from this trailblazing company has once again caught my attention.
For the third quarter of 2024, Unity Corporation released their financial report. It reveals that the creators of the widely-used game engine surpassed projected revenue figures and incurred a smaller than anticipated loss when it comes to earnings per share (EPS).
Today, Unity Technologies released their Q3 2024 earnings report after market close. Contrary to expectations of $430 million, they reported a revenue adjustment of approximately $446.5 million. Furthermore, they reported a per-share loss of $0.31, which is less than the projected loss of $0.36 per share.
Initially, Unity’s shares soared to $24.55, but later dipped down to $21.83 during additional trading sessions. The company also disclosed in their report that Steve Collins and Jarrod Yahes will be taking on the roles of Chief Technology Officer (CTO) and Chief Financial Officer (CFO), respectively.
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2024-11-08 01:57