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Stock Track | Unity Software Surges After Beating Q3 Earnings Estimates

Shares of Unity Software Inc. soared 7.43% in after-hours trading on Wednesday, after the company reported better-than-expected financial results for the third quarter of 2024.Unity Software, a leading platform for creating and operating real-time 3D content, reported a quarterly loss of $0.31 per share, beating analysts' consensus estimate of a $0.37 loss per share. The company's revenue for the quarter came in at $446.52 million, surpassing the Wall Street expectation of $430.37 million.The s

Stock Track | Unity Software Surges After Beating Q3 Earnings Estimates

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(U) soared 7.43% in after-hours trading on Wednesday, after the company reported better-than-expected financial results for the third quarter of 2024.</p>\n\n<p>Unity Software, a leading platform for creating and operating real-time 3D content, reported a quarterly loss of $0.31 per share, beating analysts' consensus estimate of a $0.37 loss per share. The company's revenue for the quarter came in at $446.52 million, surpassing the Wall Street expectation of $430.37 million.</p>\n\n<p>The strong performance in the third quarter, despite a year-over-year decline in revenue, has boosted investor confidence in Unity Software's ability to navigate the challenging macroeconomic environment. 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