Investing.com - Unity Software reported on Wednesday third quarter earnings that beat analysts' forecasts and revenue that fell short of expectations.
Unity Software announced earnings per share of $-0.14 on revenue of $322.9M. Analysts polled by Investing.com anticipated EPS of $-0.15 on revenue of $326.01M.
Unity Software shares are up 4.35% from the beginning of the year, still down 89.76% from its 52 week high of $210.00 set on November 18, 2021.
Unity Software follows other major Information Technology sector earnings this month
Unity Software's report follows an earnings beat by Apple on October 27, who reported EPS of $1.29 on revenue of $90.1B, compared to forecasts EPS of $1.26 on revenue of $88.76B.
Microsoft had beat expectations on October 25 with first quarter EPS of $2.35 on revenue of $50.1B, compared to forecast for EPS of $2.32 on revenue of $49.86B.
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