Have you ever heard of Unity (ticker symbol: U), a US stock?
It is a company that provides a “free game engine” for independent game developers.
In this article, I will introduce the company’s financial results for the period April to June 2021, which were announced on August 10, 2021.
Financial Results for April to June 2021
EPS: -2¢ vs. forecast of -12¢.
Net sales: $274 million vs. $242 million expected.
Sales growth rate was 48.4% YoY.
Operating income was -$149 million. In the same period last year, it was -$24.8 million.
Operating cash flow was -$26.7 million. Cash flow from operations was -$26.7 million, compared to -$16.6 million in the same period last year.