Unity's new CEO pitches ‘fundamentally different company' after rough year [CNBC]
Unity Software Inc. (U)
Company Research
Source: CNBC
Unity on Thursday announced the sixth version of its flagship product, Unity Engine, a set of tools that developers use to produce games across a number of devices. The company has gone through a difficult stretch that's included a shakeup at the top, mass layoffs and steep losses. Five months into his tenure as CEO of Unity Software , Matt Bromberg is overseeing his first big product launch as he tries to push the company past an extended stretch of challenges. On Friday, the video game software company announced the sixth version of its flagship product, Unity Engine, a set of tools developers can use to produce games across a number of devices, including iPhones and Android phones. Unity 6 is emphasizing stability, predictable updates and the ability to support hundreds of players in the same virtual world at the same time, Bromberg told CNBC. The company is seeking to rebound from a dark period that's included layoffs, significant losses, a troubled relationship with many
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News
- Unity Stock Could Soar as Turnaround Takes Hold [Yahoo! Finance]Yahoo! Finance
- Cathie Wood sells $48 million of battered tech stock [Yahoo! Finance]Yahoo! Finance
- Is Unity Software Inc. (U) Best Virtual Reality Stock To Buy Now? [Yahoo! Finance]Yahoo! Finance
- Unity Software Inc. (NYSE: U) had its price target raised by analysts at Macquarie from $15.00 to $16.00. They now have an "underperform" rating on the stock.MarketBeat
- Unity Software Inc. (NYSE: U) had its price target raised by analysts at Barclays PLC from $16.00 to $18.00. They now have an "equal weight" rating on the stock.MarketBeat
U
Earnings
- 11/7/24 - Beat
U
Sec Filings
- 11/20/24 - Form 4
- 11/19/24 - Form 144
- 11/19/24 - Form 144
- U's page on the SEC website