Unity Software (U) PT Raised to $180 at Goldman Sachs

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Go back to Unity Software (U) PT Raised to $180 at Goldman Sachs

Unity Announces Third Quarter 2021 Financial Results

November 9, 2021 4:05 PM EST

Q3 revenue up 43% year-over-year, exceeding expectations; company raises guidance and announces intent to acquire Weta Digital

SAN FRANCISCO--(BUSINESS WIRE)-- Unity Software Inc. (NYSE: U), the worlds leading platform for creating and operating interactive, real-time 3D (RT3D) content, today announced third quarter 2021 revenue of $286.3 million, which is up 43% from the same period in 2020 and ahead of guidance. The company is increasing full year revenue guidance.

Additionally, Unity announced today it has entered into a definitive agreement to acquire Weta Digital, specifically its award-winning engineering talent and... More