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Stock impact report

Ubisoft reports 52% drop in Q3 net bookings, in line with guidance [Yahoo! Finance Canada]

UBISOFT ENTMT UNSP/ADR (UBSFY) 
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-on-year thanks to the "Assassin's Creed Shadows" release. Ubisoft is now focusing on the launch of the newest instalment of the "Assassin's Creed" franchise set for March 20. "Assassin's Creed Shadows" is an action-adventure game, set in feudal Japan, in which players follow the stories of a shinobi assassin (Naoe) and a samurai (Yasuke). "Early previews have been positive, praising its narrative and immersive experience, with both characters playing critical roles in the game's storyline, as well as the quality and complementarity of th Read more
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