Unity Announces First Quarter 2022 Financial Results
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Unity Software (U) PT Lowered to $57 at Goldman Sachs
May 11, 2022 6:54 AM EDTGoldman Sachs analyst Kash Rangan lowered the price target on Unity Software (NYSE: U) to $57.00 (from $137.00) while maintaining a Buy rating following earnings.
The analyst commented, "Unity is trading down ~25% AH following management's disclosure of internal challenges within its monetization products that are curtailing its ability to meet FY22 FactSet Consensus/ Street expectaions revenue and profitability expectations. While 1Q revenue came... More
Unity Software Inc. (U) Tops Q1 EPS by 1c, Guidance Misses Consensus
May 10, 2022 4:08 PM EDTUnity Software Inc. (NYSE: U) reported Q1 EPS of ($0.08), $0.01 better than the analyst estimate of ($0.09). Revenue for the quarter came in at $320.1 million versus the consensus estimate of $321.35 million.
GUIDANCE:
Unity Software Inc. sees Q2 2022 revenue of $290-295 million, versus... More
