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1/ $U beating estimates with EPS -0.10 vs -0.14 estimated & $220M vs $204.23M revenue estimated. A 39% increase in revenue from the fourth quarter of 2019, beating their own guidance ranging from 29-32%.
Stock is down after hour. Seeing it as a buying opportunity
Stock is down after hour. Seeing it as a buying opportunity
2/ Unity is still doing everything right and I don't have any major concerns. We're still seeing good numbers for key metrics, being;
- Customers generating more than $100,000 of revenue in the trailing 12 months increased to 793, compared to 600 as of december 31, 2019. ...
- Customers generating more than $100,000 of revenue in the trailing 12 months increased to 793, compared to 600 as of december 31, 2019. ...
3/ Thats up 54 from previous quarter, the second highest increase from quarter to quarter as far back as I can look (Q1 2018)
- Dollar based net expansion rate also continues to look strong at 138%
Case for Unity is still very much the same ...
- Dollar based net expansion rate also continues to look strong at 138%
Case for Unity is still very much the same ...
4/ Unity continues its dominance in mobile gaming, with the Unity engine accounting for 71% of the top 1,000 mobile games in the fourth quarter of 2020
Monthly active end users is up as well at 2.7B, up from 2.5B in previous quarter
Monthly active end users is up as well at 2.7B, up from 2.5B in previous quarter
The way I see it, there is a massive expansion of TAM with Unity branching out to a lot of different industries, providing solutions for everything imaginable. Real time 3D development has immense potentail, and industries are starting to catch on.
AR/VR and Immersive commerce is something I'll be watching with interesting when it comes to Unity
