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Update: Unity Software Shares Gain After Q2 Adjusted Earnings, Revenue Rise

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(Updates with the company's latest stock move in the headline and first paragraph.)

Unity Software (U) shares were up 16% in Thursday trading after the company reported higher adjusted earnings and revenue for Q2.

The company reported Q2 adjusted earnings of $0.28 per share, up from $0.18 a year earlier.

Analysts surveyed by FactSet expected $0.25.

Revenue for the quarter ended June 30 was $546.5 million, up from $440.9 million a year earlier.

Analysts expected $514.7 million.

The company expects Q3 strategic revenue of $540 million to $550 million, it said.

Price: $41.18, Change: $+5.71, Percent Change: +16.10%

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