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(U) - Why Unity Software Is Trading Higher Today

Share: Unity Software Inc (NYSE: U) is trading higher Wednesday morning after the company reported better-than-expected first-quarter earnings and revenue. What Happened: Unity reported first-quarter financial results after the close Tuesday. The company reported an earnings loss of 10 cents, which beat the estimate for an earnings loss of 12 cents. It reported revenue of $234.77 million, which beat the estimate of $216.6 million. Unity increased its guidance for full-year 2021 by $50 million. “Our first quarter results are reflective of the powerful transition from linear 2D to real-time 3D, which is one of the most important changes in how people interact with technology. We believe that real-time 3D will continue to grow at an accelerated pace and achieve massive scale,  said John Riccitiello, president and CEO of Unity.

Amazon com, Inc (NASDAQ:AMZN), Overstock com, Inc (NASDAQ:OSTK) - Wedbush s Michael Pachter Talks Stocks Well-Positioned As Work-At-Home Becomes A Permanent Trend

Share: Some stocks will continue to benefit from the shelter-in-place movement as the work-from-home trend becomes a permanent shift, Wedbush analyst Michael Pachter said Wednesday on Benzinga s YouTube show PreMarket Prep. Overstock.com Inc (NASDAQ: OSTK) is not just a shelter-in-place beneficiary, said Pachter, it is actually executing. The analyst also told Benzinga he thinks Overstock.com is the most interesting of all the shelter-in-place stocks, emphasizing he loves the stock. Roblox Corp (NYSE: RBLX) reported better-than-expected earnings on Monday, Pachter said. The company took the unusual step of announcing April monthly results to let people know children were still playing games after returning to school, he noted. 

U Stock Price, Unity Software Stock Quotes and News

A The latest price target for Unity Software (NYSE: U) was reported byOppenheimer on 2021-05-14. The analyst firm set a price target for0.00 expecting U to fall to within 12 months (a possible -100.00% downside). 20 analyst firms have reported ratings in the last year. Q A The stock price for Unity Software (NYSE: U) is $96.32 last updatedMon May 24 2021 19:59:54 GMT+0000 (Coordinated Universal Time). Q A Q A Q A Popular Channels

CORRECTING and REPLACING Unity Announces First Quarter 2021 Financial Results – Consumer Electronics Net

CORRECTING and REPLACING Unity Announces First Quarter 2021 Financial Results – Consumer Electronics Net
consumerelectronicsnet.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from consumerelectronicsnet.com Daily Mail and Mail on Sunday newspapers.

Unity Announces First Quarter 2021 Financial Results – Consumer Electronics Net

Unity Announces First Quarter 2021 Financial Results – Consumer Electronics Net
consumerelectronicsnet.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from consumerelectronicsnet.com Daily Mail and Mail on Sunday newspapers.

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