U Earnings Prediction
The chart below shows how U performed 10 days before and after its earnings report, based on data from the past quarters. Typically, U sees a +7.37% change in stock price 10 days leading up to the earnings, and a -1.42% change 10 days following the report. On the earnings day itself, the stock moves by -1.00%. This data can give you a slight idea of what to expect for the next quarter's release.
U Key Earning Data
2024/Q4
Year Over Year
Quarter Over Quarter
Total Revenue
446.52M
-17.95%
-0.61%
Gross Margin
74.90%
3.75%
-1.15%
Operating Margin
-28.48%
21.66%
-1.15%
Net Margin
-27.89%
21.10%
-0.36%
EPS
-0.31
-3.13%
-3.13%
No Data Available
U Earnings Analysis
Unity Software Inc. Corporation (U.N) Earnings Conference Call
Positive
Strategic Portfolio Revenue Update: In Q3, revenue from our strategic portfolio was $429 million, down 2% year-over-year and up 1% sequentially from Q2, favorably comparing to our guidance of $415 million to $420 million.
Strategic Portfolio Revenue Growth: Third quarter creates solutions revenue from our strategic portfolio was $132 million, up 5% year-over-year and up 2% quarter-over-quarter, driven by growth in our subscription revenue, which was up 12% year-over-year.
Q3 Adjusted EBITDA Performance: Adjusted EBITDA for the total company for the third quarter was $92 million, compared to guidance of $75 million to $80 million.
Free Cash Flow Increase: We delivered $115 million in free cash flow in the third quarter, up 11% from $104 million in the prior year.
Quarter-End Cash Position: Cash and cash equivalents at the end of the quarter were $1.4 billion.
Negative
Strategic Portfolio Revenue Decline: Revenue from our strategic portfolio was $429 million, down 2% year-over-year and up 1% sequentially from Q2.
Strategic Portfolio Revenue Growth: Third quarter creates solutions revenue from our strategic portfolio was $132 million, up 5% year-over-year and up 2% quarter-over-quarter, driven by growth in our subscription revenue, which was up 12% year-over-year.
Strategic Portfolio Revenue Decline: Growth Solutions revenue from our strategic portfolio in the third quarter was $298 million, down 5% year-over-year and up 1% quarter-over-quarter.
Q3 Adjusted EBITDA Performance: Adjusted EBITDA for the total company for the third quarter was $92 million, compared to guidance of $75 million to $80 million.
Revenue Recovery Caution: The Q4 guide reflects continued caution on the timing of the revenue recovery in our growth business as well as expectations of some additional compute costs associated with the training of our new.
U FAQs
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U Earning Call Sentiment
Unity Software Inc. (U) Q3 2024 Earnings Call Transcript
1.0x
00:00
00:00
U.N
-4.41%Positive
The earnings call reflects a positive sentiment with raised revenue and EBITDA guidance, indicating strong financial performance expectations. Despite competitive pressures and leadership changes, the company shows confidence in growth and operational efficiency, as seen in the Q&A. The improved free cash flow and liquidity position further support this outlook. Though there are risks, the overall sentiment is positive, likely resulting in a stock price increase of 2% to 8% over the next two weeks.
