U.S. markets close in 3 hours 33 minutes
  • S&P 500

    3,933.05
    -8.21 (-0.21%)
     
  • Dow 30

    33,610.44
    +14.10 (+0.04%)
     
  • Nasdaq

    10,950.87
    -64.02 (-0.58%)
     
  • Russell 2000

    1,814.00
    +1.42 (+0.08%)
     
  • Crude Oil

    72.88
    -1.37 (-1.85%)
     
  • Gold

    1,795.20
    +12.80 (+0.72%)
     
  • Silver

    22.86
    +0.53 (+2.35%)
     
  • EUR/USD

    1.0524
    +0.0055 (+0.53%)
     
  • 10-Yr Bond

    3.4600
    -0.0530 (-1.51%)
     
  • GBP/USD

    1.2221
    +0.0088 (+0.73%)
     
  • USD/JPY

    136.2880
    -0.6720 (-0.49%)
     
  • BTC-USD

    16,816.32
    -165.61 (-0.98%)
     
  • CMC Crypto 200

    394.66
    -7.37 (-1.83%)
     
  • FTSE 100

    7,489.19
    -32.20 (-0.43%)
     
  • Nikkei 225

    27,686.40
    -199.47 (-0.72%)
     

Unity Software Third Quarter 2022 Earnings: EPS Misses Expectations

Unity Software (NYSE:U) Third Quarter 2022 Results

Key Financial Results

  • Revenue: US$322.9m (up 13% from 3Q 2021).

  • Net loss: US$250.0m (loss widened by 117% from 3Q 2021).

  • US$0.84 loss per share (further deteriorated from US$0.41 loss in 3Q 2021).

earnings-and-revenue-growth
earnings-and-revenue-growth

All figures shown in the chart above are for the trailing 12 month (TTM) period

Unity Software EPS Misses Expectations

Revenue was in line with analyst estimates. Earnings per share (EPS) missed analyst estimates by 42%.

Looking ahead, revenue is forecast to grow 20% p.a. on average during the next 3 years, compared to a 9.4% growth forecast for the Software industry in the US.

Performance of the American Software industry.

The company's shares are up 5.7% from a week ago.

Risk Analysis

It's still necessary to consider the ever-present spectre of investment risk. We've identified 3 warning signs with Unity Software, and understanding these should be part of your investment process.

Have feedback on this article? Concerned about the content? Get in touch with us directly. Alternatively, email editorial-team (at) simplywallst.com.

This article by Simply Wall St is general in nature. We provide commentary based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. We aim to bring you long-term focused analysis driven by fundamental data. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material. Simply Wall St has no position in any stocks mentioned.

Join A Paid User Research Session
You’ll receive a US$30 Amazon Gift card for 1 hour of your time while helping us build better investing tools for the individual investors like yourself. Sign up here