Unity Software Inc. (U) Reports Q1 Loss, Tops Revenue Estimates

Unity Software shares have lost about 5.1% since the beginning of the year versus the S&P 500's decline of -4.7%. Unity Software Inc. (U) came out with a quarterly loss of $0.19 per share versus the Zacks Consensus Estimate of a loss of$ 0.38. This compares to earnings of $0.15 per share a year ago. These figures are adjusted for non- recurring items. This quarterly report represents an earnings surprise of 50%. A quarter ago, it was expected that this company would post a loss of$ 0.35 per share when it ac ...