earnings
confidence high
sentiment neutral
materiality 0.85
Unity Q3 revenue $322.9M (+13% YoY), GAAP EPS -$0.84; completes ironSource merger
Unity Software Inc.
2022-Q3 EPS reported
-$2.13
revenue$940,050,000
- Revenue $322.9M (+13% YoY); GAAP net loss $0.84/share, non-GAAP net loss $0.14/share.
- Create Solutions revenue $128.6M (+54% YoY); Operate Solutions $171.7M (-7% YoY).
- Non-GAAP loss from operations $37.4M (12% of revenue) vs $6.2M loss a year ago.
- Completed merger with ironSource; expects combined company to be highly profitable with positive FCF.
- Q4 2022 guidance: revenue $425M-$445M (35-41% YoY growth); full-year revenue $1,365M-$1,385M.