To The Moon

Unity Software press release : Q1 GAAP EPS of -$0.75 misses by $0.08. Revenue of $460.38M beats by $26.86M. Revenue in our strategic portfolio was $426 million, up 2% year-over-year. This compares to guidance of $415 to $420 million in revenue for our strategic portfolio. Adjusted EBITDA for the quarter was $79 million compared to our Adjusted EBITDA of $29 million in the same quarter last year, an improvement of $50 million year-over-year, enabled by the portfolio and cost actions that we executed. Q2 Outlook: For the second quarter, we are guiding strategic revenue to $420 to $425 vs. consensus of $443.22M, down -6% to -7% year-over-year. We are guiding Adjusted EBITDA to $75 to $80 million for the total company. 2024 Outlook: For the full year, we are confirming our strategic revenue guidance of $1,760 to $1,800 million vs. consensus of $1.81B, which would represent an increase of 2% to 4% year-over-year and $400 to $425 million in Adjusted EBITDA for the total company. We exp

The sudden closure of several video-game studios at Microsoft Corp.’s Xbox division was the result of a widespread cost-cutting initiative that still isn’t finished.This week, Xbox began offering volu

Shares of gaming platform Roblox jumped 7.1% in morning trading.J.P.Morgan upgrades to "overweight" from "neutral" and raises PT to $48 from $41.JPM believes RBLX has significant monetization opportunity and expects free cash flow to compound over 40% through 2027.Says this is a compelling entry point for a co growing bookings over ~20%, exiting a heavy investment cycle and ramping two new revenue streams in advertising and commerce.Average rating of 31 brokerages covering RBLX is "buy", median

Further recovery in ad market, improved product offerings and Meta’s latest AI chip to set the runway for growth.Meta Platforms is set to release its first quarter of 2024 financial results on 24 Apri

Cathie Wood’s flagship ARK Innovation ETF (NYSEARCA:ARKK) has watched nearly $1B worth of investor capital leave the exchange traded fund in the first two months of the 2024 trading year. In total, AR

Sea Limited shares jumped over 14% in pre-market trading.Southeast Asia’s largest internet firm posted $126.7 million in adjusted earnings before interest, taxes, depreciation and amortization for the

Unity said fourth-quarter revenue increased 35% year-over-year to $609 million, beating the consensus estimate of $562.71 million. The company reported a quarterly loss of 66 cents per share, which missed estimates for a loss of 42 cents per share, according to Benzinga Pro.

Roblox (NYSE:RBLX) reported quarterly sales of $749.90 million which missed the analyst consensus estimate of $1.07 billion by 30.22 percent. This is a 16.63 percent decrease over sales of $899.43 million the same