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2022-05-11

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Unity Software's Stock Plunges 30% on Weak Revenue Guidance

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Comments

Ironman2002
2022-05-11
Ironman2002
I feel that the market is over reacted. U is a good company and at this price the down side is limited to some extent. i am buying the dip in trenches and wait with PATIENCE.
- pjetan:
  Thank you for sharing. All the best! 🙏🏻🙏🏻
twm124
2022-05-11
twm124
ok

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Adjusted loss was 8 cents a share, matching analysts&#39; expectations.</p><p>Revenue rose to $320.1 million from $234.8 million. Analysts polled by FactSet expected $320.8 million.</p><p>The company issued guidance for the second quarter and said it is lowering guidance for 2022 due to expected challenges with monetization products.</p><p>For the second quarter, Unity Software guided for revenue between $290 million and $295 million. Analysts polled by FactSet expect $360 million in the second quarter. 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Adjusted loss was 8 cents a share, matching analysts&#39; expectations.</p><p>Revenue rose to $320.1 million from $234.8 million. Analysts polled by FactSet expected $320.8 million.</p><p>The company issued guidance for the second quarter and said it is lowering guidance for 2022 due to expected challenges with monetization products.</p><p>For the second quarter, Unity Software guided for revenue between $290 million and $295 million. Analysts polled by FactSet expect $360 million in the second quarter. 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The company guided for revenue in 2022 between $1.35 billion and $1.43 billion, below analysts' expectations of $1.5 billion for the year.","news_type":1},"isVote":1,"tweetType":1,"viewCount":135,"commentLimit":10,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"symbols":[],"verified":2,"subType":0,"readableState":1,"langContent":"EN","currentLanguage":"EN","warmUpFlag":false,"orderFlag":false,"shareable":true,"causeOfNotShareable":"","featuresForAnalytics":[],"commentAndTweetFlag":false,"andRepostAutoSelectedFlag":false,"upFlag":false,"length":4,"xxTargetLangEnum":"ORIG"},"commentList":[{"id":101712534,"commentId":"101712534","gmtCreate":1652237651877,"gmtModify":1663249023657,"authorId":4094301913132990,"author":{"id":4094301913132990,"idStr":"4094301913132990","authorId":4094301913132990,"name":"Ironman2002","avatar":"https://static.tigerbbs.com/784449fc945cf9d5c7b81316e20a221c","vip":1,"crmLevel":5,"crmLevelSwitch":1,"individualDisplayBadges":[]},"repliedAuthorId":0,"objectId":9065550016,"objectIdStr":"9065550016","type":1,"supId":0,"supIdStr":"0","prevId":0,"prevIdStr":"0","content":"I feel that the market is over reacted. U is a good company and at this price the down side is limited to some extent. i am buying the dip in trenches and wait with PATIENCE.","text":"I feel that the market is over reacted. U is a good company and at this price the down side is limited to some extent. i am buying the dip in trenches and wait with PATIENCE.","html":"I feel that the market is over reacted. U is a good company and at this price the down side is limited to some extent. i am buying the dip in trenches and wait with PATIENCE.","likeSize":0,"commentSize":1,"subComments":[{"id":101715626,"commentId":"101715626","gmtCreate":1652252393398,"gmtModify":1663249037538,"authorId":3581854579020344,"author":{"id":3581854579020344,"idStr":"3581854579020344","authorId":3581854579020344,"name":"pjetan","avatar":"https://static.tigerbbs.com/0dbe4c402957fcc269723fb9e3c423c2","vip":1,"crmLevel":2,"crmLevelSwitch":0,"individualDisplayBadges":[]},"repliedAuthorId":0,"objectId":9065550016,"objectIdStr":"9065550016","type":1,"supId":101712534,"supIdStr":"101712534","prevId":0,"prevIdStr":"0","content":"Thank you for sharing. All the best! 🙏🏻🙏🏻","text":"Thank you for sharing. All the best! 🙏🏻🙏🏻","html":"Thank you for sharing. 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