10 Companies That Performed Well Last Week

2. Unity Software Inc. (NYSE:U)

Unity Software saw its share prices last week soar by 31.7 percent to close at $28.34 apiece as investor sentiment was buoyed by impressive earnings performance last year.

In a statement, U said its net loss attributable to the company for the fourth quarter narrowed by 51 percent to $122.7 million from $252.75 million, despite revenues declining by 25 percent to $457 million from $609 million year-on-year.

Net loss for the full year also shrunk by 19 percent to $664 million from $822 million in 2023, while revenues dropped by 17 percent to $1.813 billion from $2.187 billion in the same comparable period.

For the first quarter of the year, U expects revenues to settle between $405 million to $415 million.