Unity sees FY24 revenue for Strategic Portfolio of $1.76B-$1.8B

Unity said: “For the full year, we are guiding our Strategic Portfolio to $1,760 to 1,800 million in revenue, up 2% to 4% year-on-year and $400 to $425 million in Adjusted EBITDA for the total company. We expect to accelerate revenue growth in the second half of the year and to exit the year with double-digit growth. Our Adjusted EBITDA guide includes the benefits of the cost reset, which will have a full-quarter impact as of the second quarter. We expect to exit 2024 with Adjusted EBITDA margins over 25%.”