derekpang
2021-08-11
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Unity gains 2% after Q2 beat, strong revenue guidance
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Its dollar-based net expansion rate was 142% (flat).</li>\n <li>Net cash used in operations was $26.7 million, vs. an operating inflow of $16.6 million a year ago. And free cash flow was -$33.5 million, vs. a year-ago $4.9 million. Liquidity was $1 billion vs. $0.5 billion a year ago.</li>\n <li>The company also has anagreement to acquire Parsec, a high-performance remote desktop and streaming technology company, for about $320 million in cash.</li>\n <li>And it'sadded Tory Burch's Keisha Smith-Jeremie to its board.</li>\n <li>Conference call to come at 5 p.m. ET.<img src=\"https://static.tigerbbs.com/9c156fa8c5f874fcee1082cccbe3544e\" tg-width=\"708\" tg-height=\"522\" width=\"100%\" height=\"auto\"></li>\n</ul>","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Unity gains 2% after Q2 beat, strong revenue guidance</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; 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}\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nUnity gains 2% after Q2 beat, strong revenue guidance\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-08-11 08:14 GMT+8 <a href=https://seekingalpha.com/news/3728432-unity-stock-gains-2-after-q2-beat-strong-revenue-guidance><strong>seeking alpha</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Unity Software(NYSE:U)isup 2.2%after hours followingsecond-quarter earningswhere it topped consensus for revenues and profitability, andguided to the strong side of revenues for the current quarter ...</p>\n\n<a href=\"https://seekingalpha.com/news/3728432-unity-stock-gains-2-after-q2-beat-strong-revenue-guidance\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"QTWO":"Q2 Holdings Inc","UNTY":"联合银行"},"source_url":"https://seekingalpha.com/news/3728432-unity-stock-gains-2-after-q2-beat-strong-revenue-guidance","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1144323106","content_text":"Unity Software(NYSE:U)isup 2.2%after hours followingsecond-quarter earningswhere it topped consensus for revenues and profitability, andguided to the strong side of revenues for the current quarter and full year.\nRevenues rose 48% to $273.6 million, beating company guidance and Wall Street forecasts - its 11th straight quarter at 30%-plus growth.\n\"While our strong performance is broad based, we are particularly proud of the performance from our Operate Solutions group that expanded market share in a tough environment,\" says Chief Financial Officer Luis Visoso.\nRevenue by segment: Create Solutions, $72.4 million (up 31%); Operate Solutions, $182.9 million (up 63%); Strategic Partnerships and Other, $18.3 million (up 9%).\nOperating loss narrowed on a non-GAAP basis to $3.2 million vs. a year-ago loss of $8.7 million.\nIn operating metrics, it notes 888 customers each generated more than $100,000 in revenue over the trailing 12 months, vs. a year-ago 716. 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Liquidity was $1 billion vs. $0.5 billion a year ago.\nThe company also has anagreement to acquire Parsec, a high-performance remote desktop and streaming technology company, for about $320 million in cash.\nAnd it'sadded Tory Burch's Keisha Smith-Jeremie to its board.\nConference call to come at 5 p.m. ET.","news_type":1},"isVote":1,"tweetType":1,"viewCount":215,"commentLimit":10,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"symbols":[],"verified":2,"subType":0,"readableState":1,"langContent":"EN","currentLanguage":"EN","warmUpFlag":false,"orderFlag":false,"shareable":true,"causeOfNotShareable":"","featuresForAnalytics":[],"commentAndTweetFlag":false,"andRepostAutoSelectedFlag":false,"upFlag":false,"length":5,"xxTargetLangEnum":"ORIG"},"commentList":[],"isCommentEnd":true,"isTiger":false,"isWeiXinMini":false,"url":"/m/post/892418777"}
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