Unity Q2 Revenue Drops 16% to $449M, Exceeds Guidance
Company reports financial results, announces leadership changes, and adjusts future revenue expectations.
- Unity's net loss reduced to $126 million, down from $193 million year-over-year.
- Create Solutions revenue increased by 4%, driven by game subscriptions and industry growth.
- Grow Solutions revenue saw a 9% decline but returned to sequential growth.
- CFO Luis Visoso departs; Mark Barrysmith named interim CFO.
- Unity lowers full-year revenue forecast to between $1.68 billion and $1.69 billion.