Unity posts first profitable quarter on non-GAAP basis, expects to be profitable in 2023

1 year 2 months ago

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Unity has posted its first profitable quarter in the company's 18-year history, albeit on a non-GAAP basis.

In a letter to shareholders, the company reported a non-GAAP operating profit of $13 million for the three months ended December 31, 2022. For the first three quarters of this year, Unity posted a non-GAAP operating loss of $22 million, $44 million and $37 million respectively.

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Author
James Batchelor