Published 9 days ago • loading... • Updated 8 days ago

Ubisoft revenue drops after game flops, 'Assassin's Creed' delays

Ubisoft experienced a 52 percent year-on-year decline in third quarter net bookings, totaling 301.8 million euros.
The company expects fourth quarter net bookings to grow year-on-year due to the upcoming release of 'Assassin's Creed Shadows.'
Early previews of 'Assassin's Creed Shadows' have received positive feedback, highlighting its narrative and gameplay quality.
Ubisoft plans to exceed 200 million euros in fixed cost reductions by FY2024-25.

Insights by Ground AI

Does this summary seem wrong?

17 Articles

All

Left

Center

Right

France24

+3 Reposted by 3 other sources

Ubisoft revenue drops after game flops, 'Assassin's Creed' delays

A run of new-release flops and the delay of the latest “Assassin’s Creed” instalment sent revenue at French games giant Ubisoft plunging in its third quarter, the company reported Thursday as it continues…

9 days ago·France

Read Full Article

The Globe & Mail

Ubisoft reports 52% drop in third-quarter net bookings, in line with guidance

Ubisoft confirmed its financial targets and expects net bookings of around €1.9-billion and about break-even non-IFRS operating income and free cash flow for fiscal year 2024-25

9 days ago·Canada

Read Full Article

Channel News Asia

Ubisoft reports 52% drop in Q3 net bookings, in line with guidance

France's largest video game maker Ubisoft reported on Thursday a 52 per cent 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 eu

9 days ago·Singapore

Read Full Article

TweakTown

Ubisoft is optimistic for Assassin's Creed: Shadows despite confirming more layoffs

Ubisoft has released its latest earnings report revealing the company's revenue has dropped by 31.4% year-on-year, and more layoffs are coming.

8 days ago

Read Full Article

Tech4Gamers

Ubisoft Revenues Declined By Over 30% in 2024 as AC Shadows Draws Nearer

See full bio Abdullah Waseem At T4G, my task is to cover the latest news around the gaming globe ASAP and with the utmost precision. I adore all the games and respect all the devs behind the amazing games that we get all year. So, whether it’s a PC or a Console game, I got it all covered. See full bio Story Highlight Ubisoft has reported a massive 30% drop in revenue in the last fiscal year. Its net bookings also declined by over 50% in the …

8 days ago

Read Full Article