Unity Software Inc. Stock Falls 15% After Revenue Miss

Business News

Unity Software Inc. Stock Falls 15% After Revenue Miss
Unity Software Inc.StockRevenue Miss
  • 📰 MarketWatch
  • ⏱ Reading Time:
  • 22 sec. here
  • 7 min. at publisher
  • 📊 Quality Score:
  • News: 29%
  • Publisher: 97%

Jon Swartz is a senior reporter for MarketWatch in San Francisco, covering many of the biggest players in tech, including Netflix, Facebook and Google. Jon has covered technology for more than 20 years, and previously worked for Barron's and USA Today. Follow him on Twitter @jswartz.

Unity Software Inc. ’s stock fell about 15% in extended trading Thursday after the company reported a revenue miss and withheld from offering guidance.

The beleaguered game-engine software company has been whipsawed by a series of missteps and departures. In September, it announced new fees based on the number of people who install games built with Unity’s editor software — only to backtrack and revamp its plan following a chorus of complaints that dented the stock. Last month, John Riccitiello announced he was retiring as chief executive, effective immediately.

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

MarketWatch /  🏆 3. in US

Unity Software Inc. Stock Revenue Miss Guidance Game-Engine Software Company

United States Latest News, United States Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Apple Delayed Next Year’s iPhone Software To Deal With This Year’s Software BugsApple Delayed Next Year’s iPhone Software To Deal With This Year’s Software BugsThe company would rather keep you waiting than have you complain.
Read more »

These 3 Firms Could Gain the Most as Cloud Computing Gets HeatedThese 3 Firms Could Gain the Most as Cloud Computing Gets HeatedStocks Analysis by The Tokenist (Timothy Fries) covering: Alphabet Inc Class A, Alphabet Inc Class C, Datadog Inc, Snowflake Inc. Read The Tokenist (Timothy Fries)'s latest article on Investing.com
Read more »

Spruce Point releases e.l.f. Beauty, Inc. short report, sees potential 65% downsideSpruce Point releases e.l.f. Beauty, Inc. short report, sees potential 65% downsideSpruce Point releases e.l.f. Beauty, Inc. short report, sees potential 65% downside
Read more »

General Mills grows into pet supplement business with acquisition of Fera Pets Inc.General Mills grows into pet supplement business with acquisition of Fera Pets Inc.Steve Gelsi covers banking and cannabis as a Senior Reporter for MarketWatch.
Read more »

'Food, Inc. 2' Acquired By Magnolia Pictures Following Telluride Debut'Food, Inc. 2' Acquired By Magnolia Pictures Following Telluride DebutEXCLUSIVE: After serving as the distributor for Participant and River Road’s Academy Award-nominated 2008 documentary Food, Inc., Magnolia Pictures has taken U.S. rights to the sequel, with D…
Read more »



Render Time: 2025-02-15 04:38:54