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Benzinga

Business

Adam Eckert

THE TRUTH ABOUT: Why unity software shares are rising today - The Untold Story

Unity NYSE Unity Software Inc

Unity Software Inc (NYSE:U) is trading higher Friday morning after the company announced better-than-expected fourth-quarter financial results and issued guidance above estimates.

Unity reported quarterly revenue of $315.9 million, which beat the $295.13 million estimate. The company reported an adjusted earnings of loss of 5 cents per share, which beat the estimate for a loss of 7 cents per share.

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