Unity Software Sees Q3 Revenue $415M-$420M Vs $439.451M Est.
Portfolio Pulse from Benzinga Newsdesk
Unity Software has announced its Q3 revenue forecast to be between $415 million and $420 million, which is below the estimated $439.451 million.
August 08, 2024 | 8:32 pm
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Unity Software's Q3 revenue forecast of $415M-$420M is below the estimated $439.451M, indicating potential short-term negative impact on stock price.
The revenue forecast being below estimates suggests that Unity Software may not be performing as well as expected, which could lead to a decrease in investor confidence and a short-term drop in stock price.
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