Unity Sees Q3 Revenue $540M-$550M vs $500.2M Est.; Sees FY23 Revenue $2.12B-$2.2B vs $1.96B Est.
Portfolio Pulse from Benzinga Newsdesk
Unity has projected its Q3 revenue to be between $540M-$550M, surpassing the estimated $500.2M. The company also forecasts its FY23 revenue to be between $2.12B-$2.2B, higher than the estimated $1.96B.
August 04, 2023 | 12:12 pm
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POSITIVE IMPACT
Unity's higher than expected revenue projections for Q3 and FY23 could positively impact its stock price.
Unity's revenue projections for Q3 and FY23 are higher than the estimates. This positive financial outlook could increase investor confidence and drive up the stock price in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100