Unity Software Inc. Reports Earnings Results for the Second Quarter and Six Months Ended June 30, 2022
August 09, 2022 at 04:05 pm EDT
Share
Unity Software Inc. reported earnings results for the second quarter and six months ended June 30, 2022. For the second quarter, the company reported sales was USD 297.04 million compared to USD 273.56 million a year ago. Net loss was USD 204.16 million compared to USD 148.34 million a year ago. Basic loss per share from continuing operations was USD 0.69 compared to USD 0.53 a year ago.
For the six months, sales was USD 617.17 million compared to USD 508.33 million a year ago. Net loss was USD 381.71 million compared to USD 255.8 million a year ago. Basic loss per share from continuing operations was USD 1.29 compared to USD 0.92 a year ago.
Unity Software Inc. provides a platform for creating and growing interactive, real-time 3D (RT3D) content and experiences. Its set of software, including artificial intelligence (AI) solutions, supports creators through the entire development lifecycle as they build, run, and grow immersive, real-time 2D and 3D content for mobile phones, tablets, PCs, consoles, and augmented and virtual reality devices. Its platform consists of two complementary sets of solutions: Create Solutions and Grow Solutions. Create Solutions is a robust set of tools and services used to build, ship and run high-definition, real-time 2D and 3D content. Designed for developers, these tools and services are used across a range of industries ranging from games to aerospace, construction to retail, medical to manufacturing, and others. Grow Solutions offers customers to engage their user base and monetize their content from 2D puzzle games to multiplayer, multi-platform games, or other 3D interactive content.