
23/02/2023
Unity reported earnings per share of $0.03 on revenue of $451 million, beating the consensus for earnings of $0.01 per share on sales of $434.7M. The company reported 1,340 customers who generated over $100,000 in revenue.
"2022 was a highly transformational year for the company. Create Solutions grew our already strong gaming business by increasing our partnerships with existing and new customers. This was complemented with increased momentum with customers in industries (our business beyond gaming) where growth accelerated with digital twins," Unity said in a client note.
For this quarter, Unity said it expects to generate revenue between $470M and $480M while analysts were looking for $524.8M. FQ1 adjusted EBITDA is seen between $7M and $12M. Full-year revenue is seen in the range of $2.05 billion to $2.2B, again below the consensus of $2.22B, while adjusted EBITDA is expected at $265M (up or down $35M).