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Motley Fool
Why Unity Software Stock Popped Today
Unity beat earnings for the fourth quarter of 2021 last night, reporting a non-GAAP (adjusted) loss of $0.05 per share, which was $0.02 better than the $0.07 loss analysts had expected. For one thing, when calculated according to generally accepted accounting principles (GAAP), Unity’s loss for the fourth quarter was not $0.05 — but $0.56 per share, and this was 81% worse than last-year’s Q4 loss. On the other hand, while Unity remained GAAP unprofitable in Q4, sales for the fiscal fourth quarter leapt 43% year over year.
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