Despite Good Q2 Sales, Ubisoft to Remain Steadfast Forecast, Reflecting Confidence in its Performance
Date : 26th October, 2023
THE SOIL – After exceeding its expected net bookings for the second quarter, the well-known video game maker Ubisoft (UBIP.PA) showed significant faith in its game roster on Thursday by reiterating its outlook for the current fiscal year.
The organisation responsible for the well-liked “Rainbow Six” television series revealed net bookings of 554.8 million euros ($584.43 million) for the quarter that concluded on September 30, greatly exceeding its original target of 350 million euros.
A company that has experienced delays and cancellations of video game projects, Ubisoft, has reiterated its goal of making an operating profit of about 400 million euros for the entire year without using IFS. Still, they did not reveal the big game that they had planned to launch in the last quarter of the current fiscal year.
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