Unity this week reported its earnings for the three months ended June 30, with strong growth from its engine business largely offset by continuing problems in its app monetization division.
Revenue: $297 million, up 9% year-over-year Net loss: $204 million, compared to a $148 million loss in the same quarter last year Create Solutions (game engine) revenue: $121 million, up 66% year-over-year Operate Solutions (in-app ads and monetization) revenue: $158.5 million, down 13% year-over-year
"The second quarter of 2022 was consistent with our guidance with strong performance in Create Solutions," Unity president and CEO John Riccitiello said of the results. "We are encouraged by the progress we are making to get Operate Solutions back on stable footing."