U has been enjoying a robust uptrend support, thanks to its ongoing diversification through VR/ advertising opportunities and the raised FY2024 guidance. If anything, the company reported a +12% YoY growth in subscription revenues and improved profit margins, with it implying a successful business reset and (still) loyal developer base. These have led to the promising consensus forward estimate...
As 2024 nears the end, tax loss selling is performed for tax-loss harvesting by institutional and individual investors. This is the process of selling losing positions to take the capital loss to offset capital gains in other stocks in the portfolio.
Unity Software is recommended as a speculative investment despite its past missteps, with new leadership aiming to revitalize the company and its offerings. The company's "Grow" segment, which focuses on in-game advertising, has faced significant challenges but is undergoing a fundamental rebuild to enhance ROAS. Unity's "Create" business has launched Unity 6 with substantial improvements and r...
Unity Software Inc. (U) Q3 2024 Earnings Call Transcript
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