11/21

Unity Software Rises 3.88% on Strong Q4 Revenue Beat

Unity Software Inc. (U) shares are up 3.88% to $22.47 as of 12:46 pm on Thursday, following the company's impressive fourth-quarter financial results reported after the market close on Monday. Unity's revenue surged 35% year-over-year to $609 million, surpassing the consensus estimate of $562.71 million. Despite reporting a quarterly loss of 66 cents per share, the strong revenue growth has likely bolstered investor confidence, contributing to the stock's upward movement.