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Ubisoft misses estimates as net bookings fall 20.5% YoY
Investing.com -- Ubisoft Entertainment (EPA:UBIP) reported lower-than-expected earnings for fiscal year 2024-25 as net bookings declined 20.5% year-over-year, reflecting weaker partnerships and intense industry competition. The video game publisher posted an adjusted loss per share of €0.56, wider than analysts’ estimates of a €0.47 loss.
investing.com
Ubisoft misses estimates as net bookings fall 20.5% YoY
Investing.com -- Ubisoft Entertainment (EPA:UBIP) reported lower-than-expected earnings for fiscal year 2024-25 as net bookings declined 20.5% year-over-year, reflecting weaker partnerships and intense industry competition. The video game publisher posted an adjusted loss per share of €0.56, wider than analysts’ estimates of a €0.47 loss.
investing.com
More News
Investing.com -- Assassin’s Creed Shadows, the latest installment of Ubisoft’s popular franchise, has received largely positive reviews after its March 20 launch.
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Investing.com -- CFRA downgraded Ubisoft Entertainment (EPA:UBIP) to "Sell" from "Hold" and lowered its price target to EUR10 from EUR14, citing weak bookings and uncertainty over buyout talks with Tencent.
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Investing.com -- Ubisoft reported third-quarter net bookings of €301.8 million, aligning with its revised expectations. 
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Investing.com -- Ubisoft Entertainment's shares gained following a Bloomberg report on Wednesday detailing potential negotiations between Tencent and the Guillemot family, which could lead to a new venture involving certain Ubisoft (EPA:UBIP) assets. 
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