Unity Software Inc.

and will be muted throughout the meeting. We'll game market in industries and digital twins side of our business. So again, before we go into broader Q&A, maybe you could explain how you kind of see the macro environment playing out for Unity. And then I'll have one quick question for Luis as well. So broadly, the macro environment remains surprisingly resilient. If you look at the gaming industry, We're seeing, you know, our developers are as productive as they've been before. They're producing a huge number of games. Their investment against game development is holding up well. We're seeing strong DAUs or users in our network, suggestive of overall gameplay that remains strong. And then within the industry side, where we reported over 100% growth last year in digital twins, there continues to be very robust demand. And so, you know, maybe some elongated sales cycles where people take a little bit longer to decide, but we've got demand far in excess of our ability to supply. We're in a pretty good spot and we're not feeling a pinch. So all in, the market seems stronger. And I'd offer that you might expect, especially when we're indexing against such unusual years, you know, the work from home or learn from home era. But a couple very specific points. The ad market is stabilized as of the middle of 2022 and continues to be stable now. What's actually happening is strong user engagement offset by weaker eCPMs than we historically see, but again, it's been stable. At some point, that flips, and we're not expecting it to flip. We're using that in our models looking forward. We want to be conservative. But all in, the markets are solid. There's not a lot of concern here.

Great.

Thanks very much. And, Luis, you know, the question that we get oftentimes for you would be, you know, how are you thinking about balancing growth and profitability and kind of how does that fit into the guidance that we issued tonight?