UBISOFT ENTMT ADR 1/5

A run of new-release flops and the delay of the latest "Assassin's Creed" installment sent revenue at French games giant Ubisoft plunging in its third quarter, the company reported Thursday as it continues to weigh its future.» Mehr auf techxplore.com

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.» Mehr auf reuters.com

UBISOFT REPORTS THIRD-QUARTER 2024-25 SALES Q3 net bookings in line with revised expectations, and FY 2024-25 targets confirmed Positive Assassin's Creed Shadows Previews ahead of March 20 launch Cost reduction program to be achieved by end FY25, ahead of schedule and in excess of €200m Review of strategic options ongoing Net bookings for the first nine months of fiscal 2024-25   In €m 9 months 2024-25   Reported change vs. 2023-24   % of total net bookings   9 months 2024-25 9 months 2023-24 IFRS 15 sales 990.0 -31.4% - - Net bookings 944.0 -34.8% - - Digital net bookings 784.0 -33.8% 83.0% 81.8% PRI net bookings 456.5 -33.7% 48.4% 47.5% Back-catalog net bookings 762.3 -27.7% 80.8% 72.8% Net bookings stood at €301.8 million in Q3, in line with the revised expectations, and €944.0 million for the first nine months.» Mehr auf globenewswire.com