Unity Software IncU
▲ PositiveCapitalrelevance
Q2 revenue and EPS beat estimates, with strong EBITDA and guidance.
Impact on stocks 1
Spatial Computing / AR/VR
Unity Software IncUnity reported second-quarter revenue of $546.5 million, beating analyst estimates of $515.1 million and growing 23.9% year over year, while adjusted EPS of $0.28 also topped expectations. Adjusted EBITDA came in at $160.2 million, above the $136.6 million consensus, and the company guided third-quarter EBITDA to $187.5 million at the midpoint, well ahead of the $152.2 million analysts had projected. During the earnings call, analysts from Morgan Stanley, Wells Fargo, BTIG, Cannonball, and Goldman Sachs pressed management on the feedback loop between Vector and Create, margin protection, model improvements, Unity 7 differentiation, and incremental margins. CEO Matthew Bromberg highlighted a 63% year-over-year increase in the Strategic Grow business and emphasized the role of runtime data and AI integration in driving growth.
Unity Software IncQ2 revenue and EPS beat estimates, with strong EBITDA and guidance.