Reported 5 days ago
Ubisoft, the largest video game company in France, reported a 52% decline in Q3 net bookings year-on-year due to the poor performance of some key titles, totaling €301.8 million ($314.69 million). This aligns with the company's revised guidance. Ubisoft confirmed financial targets including an expected net booking of €1.9 billion for FY2024-25, driven by the upcoming release of 'Assassin's Creed Shadows.' Positive early previews of the game suggest strong narrative and gameplay, with solid pre-order tracking. The company is also focused on ongoing strategic reviews to optimize its asset value.
Source: YAHOO