Unity Software: EPS Miss, Revenue Beat
Unity Software reported mixed Q4 2024 earnings, with stronger-than-expected revenue but a larger-than-expected loss.
Unity Software (NYSE:U), known for its advanced real-time 3D content creation platform, reported mixed fourth-quarter and full-year 2024 earnings on Thursday, Feb. 20. Revenue of $457 million surpassed the analyst estimate of $432 million but a GAAP earnings per share (EPS) loss of $0.30 missed expectations of a $0.15 gain.
The quarter's results showcased strengths in cost management and subscription revenue growth, but weaknesses in monetization strategies persisted, highlighting the need for strategic readjustments.
Source: Unity Software. Note: Analyst consensus estimates for the quarter provided by FactSet. YOY = Year over year. GAAP = Generally accepted accounting principles. EBITDA = Earnings before interest, taxes, depreciation, and amortization.
