Ubisoft expects 39% drop in third-quarter net bookings

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French video game producer Ubisoft expects net bookings for its third quarter to be down about 39 per cent year on year at about 380 million euros ($412.2 million) because it has no new releases in the quarter, finance chief Frederick Duguet told reporters on Wednesday.

Ubisoft also confirmed guidance for the current financial year to March 31 after a September cut following postponement of a new instalment in its "Assassin's Creed" franchise by three months to Feb.14.

FILE PHOTO: UbiSoft Entertainment logo is seen at the Paris Games Week (PGW), a trade fair for video games in Paris, France, October 27, 2024.

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Article Details

Category: EconomyBusiness

Markets: SingaporeFrance

Topics: Euros 2024 Paris Games Video Quarter Bookings Year Million Ubisoft Cent

Source Website Secure: Yes (HTTPS)

News Sentiment: Neutral

Fact Checked: Legitimate

Article Type: News Report

Published On: 2024-10-31 @ 01:15:07 (21 hours ago)

News Timezone: GMT +8:00

News Source URL: channelnewsasia.com

Language: English

Article Length: 191 words

Reading Time: 2 minutes read

Sentences: 14 lines

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Copyright Owner: © Channel News Asia

News ID: 23341097

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