Published , by Donovan Erskine
Published , by Donovan Erskine
Unity (U), the company behind the popular video game engine, has released its earnings report for Q1 2024. After experiencing some controversy for the better part of last year, Unity has started 2024 with a beat on revenue expectations.
Unity’s Q1 2024 earnings report was published at the close of markets today. The company tallied $460 million in revenue for the quarter, comfortably beating the $432 million expectation. In the shareholder letter, Unity addressed its place in the gaming industry.
Unity’s earnings report also brought an updated revenue forecast for the 2025 fiscal year, which is below the analysts’ expectations. Bookmark our finance page for more business news as it intersects with gaming.