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Benzinga

Business

Adam Eckert

MYSTERIOUS: Why unity software stock is trading lower today - What They Never Told You

Unity Unity Software Inc

Unity Software Inc (NYSE:U) shares are trading lower Wednesday morning after the company reported financial results and issued guidance below analyst estimates.

Unity said first-quarter revenue increased 36% year-over-year to $320.1 million, which came in below the $321.49 million estimate, according to data from Benzinga Pro. The company reported an adjusted loss of 8 cents per share, which was in line with estimates.

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