Unity Software shares surge 22% on strong Q3 results and robust guidance
U Unity Software Inc
$49.65 -1.37%
View chart & analysis → - 1Unity Software shares surged 22% following its third-quarter earnings announcement.
- 2Unity's adjusted earnings per share of $0.44 for the third quarter beat analysts' expectations of $0.03.
- 3Unity's third-quarter revenue of $622 million represented a 32% year-over-year revenue growth.
So what's the key point?
Unity Software earned much more money than experts expected. The stock price rose significantly as revenue grew by 32% compared to last year.
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