Ubisoft reports 52% drop in Q3 net bookings, in line with guidance [Yahoo! Finance]
UBISOFT ENTMT UNSP/ADR (UBSFY)
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Source: Yahoo! Finance
Reuters Thu, February 13, 2025 at 5:48 PM GMT+1 2 min read In This Article UBSFY (Reuters) - France's largest video game maker Ubisoft reported on Thursday a 52% year-on-year fall in third quarter net bookings as the company has been plagued by the underperformance of some of its key titles. The maker of the blockbuster franchise "Assassin's Creed" reported net bookings of 301.8 million euros ($314.69 million) for the three months ending December 31, in line with its revised guidance of about 300 million euros. It confirmed its financial targets and expects net bookings of around 1.9 billion euros and about break-even non-IFRS operating income and free cash flow for FY2024-25. Fourth quarter net bookings are expected to grow year-
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News
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