Unity reports Q4 revenue up 35% YoY to $609M, vs. $551M est., but down 2% YoY to $510M excluding a Wētā FX deal, Q1 sales guidance far below est.; U drops 10%+
DEAR UNITY SHAREHOLDERS We believe that Unity plays a critical role in the gaming industry. Jonathan Vanian / CNBC : Unity shares sink on weak guidance Josh Lamb / Proactive : Unity stock plummets after earnings disappoint Chris Kerr / Game Developer : Unity says laying off 25 percent of staff was about ‘reigniting revenue growth’ Craig Chapple / Pocket Gamer.biz : Unity shares fall 18% despite revenue growth to $2.2 billion in 2023 Forums: Hacker News : Unity's stock sheds 15% after disappointing earnings