John Riccitiello
Gus Ruelas | Reuters
Video game software developer Unity Software‘s stock fell as much as 6% in after-hours trading on Thursday as the company posted widening net losses in its third-quarter earnings.
Here’s what they reported:
- Loss per share: 97 cents
- Revenue: $200.8 million
- Net loss: $144.7 million
CNBC does not compare reported earnings and revenue to Wall Street estimates for a company’s first report as a public company, as uncertain share counts can skew expectations.
Unity gives developers the tools to create 3D titles for phones, consoles and the web without having to code for each platform. “Pokemon Go” and “Iron man VR” are among the games developed using Unity’s software. It’s also used for games published by Electronic Arts, Take-Two Interactive, Tencent and Ubisoft.
Thursday’s earnings report is Unity’s first since the company went public in September.
