Previous Close | 25.25 |
Open | 25.26 |
Bid | N/A x N/A |
Ask | N/A x N/A |
Day's Range | 25.26 - 26.58 |
52 Week Range | 18.06 - 50.92 |
Volume | |
Avg. Volume | 652,053 |
Market Cap | 3.328B |
Beta (5Y Monthly) | 0.08 |
PE Ratio (TTM) | N/A |
EPS (TTM) | -0.98 |
Earnings Date | May 16, 2023 |
Forward Dividend & Yield | N/A (N/A) |
Ex-Dividend Date | N/A |
1y Target Est | 27.30 |
French video game producer Ubisoft posted the biggest operating loss in company's history on Tuesday but stuck to its guidance for the current financial year, citing a renewed focus on blockbuster titles. The maker of the hit "Rainbow Six" franchise posted a full-year non-IFRS operating loss of 500.2 million euros ($550.6 million), in line with a target announced in its January profit warning. Ubisoft said its total headcount had dropped below 20,000 employees as of Tuesday from 20,700 at the end of September, following the announcement of a 200 million euro cost-cutting plan in its profit warning in January.
UBISOFT REPORTS FULL-YEAR 2022-23 EARNINGS FIGURES Download the press release Pivotal year as Ubisoft reinforced focus on biggest opportunities FY24 line-up to reflect key strategic priorities, aiming at expanding global reach of Ubisoft’s biggest brands while reinforcing recurring model through long-lasting Live games Ubisoft’s iterative design process making visible progress on free-to-play 2022-23(In €m) Reported change vs. 2021-22 In % of total net bookings 12 months 2022-23 12 months 2021-2
UBSFY vs. NGMS: Which Stock Is the Better Value Option?
Electronic Arts (EA) and Ascendant Studios announce that Immortals of Aveum, a groundbreaking single-player and first-person magic shooter, is set to release on Jul 20, 2023.
Electronic Arts (EA) is set to launch EA Sports PGA Tour worldwide, which includes all four majors in men's golf.
Artificial intelligence (AI) is one of the most significant technological advancements of recent years. And it could very well have the potential to disrupt global industries. Granted, the potential multi-billion-dollar industry is exciting to watch, but it could also eventually and easily pose a threat to millions of jobs and industries. At the highest risk are large technology-based sectors, video streaming services, and healthcare to name just a few. In fact, below are some of the companies t
Publishers dropped out at a rapid clip—and now the future of the show is in doubt.
French video game producer Ubisoft said it would reach operating margin above 20% in the medium term, as it aims to shift its focus to major franchises and "long-lasting" live service games. The family-run firm has been dogged by game delays in recent years and last month warned of the biggest operating loss in its history, while vowing to focus on blockbuster titles after scrapping seven projects since July. "We anticipate that in the coming years, behind a very rich lineup, we progressively get back to above 20% operating margin in the medium term," Chief Financial Officer Frederick Duguet said in a call with analysts.
(Reuters) -French video game producer Ubisoft said it would reach operating margin above 20% in the medium term, as it aims to shift its focus to major franchises and "long-lasting" live service games. The family-run firm has been dogged by game delays in recent years and last month warned of the biggest operating loss in its history, while vowing to focus on blockbuster titles after scrapping seven projects since July. "We anticipate that in the coming years, behind a very rich lineup, we progressively get back to above 20% operating margin in the medium term," Chief Financial Officer Frederick Duguet said in a call with analysts.
UBISOFT REPORTS THIRD-QUARTER 2022-23 SALES Download the press release In €m9 months2022-23 Reported change vs.2021-22 % of total net bookings 9 months 2022-239 months 2021-22IFRS 15 sales1,503.7+6.1%--Net bookings1,426.3-2.6%--Digital net bookings1,209.9+11.2%84.8%74.3%PRI net bookings841.7+57.1%59.0%36.6%Back-catalog net bookings754.8-19.4%52.9%64.0% Third fiscal quarter: Net bookings of €726.9 million, in line with the revised target Tom Clancy’s Rainbow Six Siege®: delivered more than 30% DA
"The money stays in his pockets," retorted the union, calling for a four-hour strike on Jan. 27.
PARIS (Reuters) -Shares in Ubisoft fell 20% on Thursday after the French video game maker warned on revenue and postponed the release of its game "Skull and Bones", prompting analysts to cut their estimates and price targets. Late on Wednesday, Ubisoft said that it was increasing its writedown estimate to 500 million euros ($538 million) from 400 million and cutting its full-year revenue target after ending 2022 with weaker-than-expected sales. Ubisoft cited the deteriorating economy, marked by lower spending on non-essential goods.
By Geoffrey Smith
Ubisoft is increasing its writedown estimate to 500 million euros ($538 million) and cutting its full-year revenue target after ending 2022 with weaker-than-expected sales, the French video game maker said on Wednesday. Ubisoft cited the deteriorating economy, marked by lower spending on non-essential goods, to explain the acceleration of the depreciation, previously targeted at 400 million euros. The group is also postponing the release of its game "Skull and Bones", and plans cost cuts of 200 million euros over two years, including for staff reduction, Chief Financial Officer Frederick Duguet said in a call with reporters.
UBISOFT STRENGTHENS STRATEGIC FOCUSON BIGGEST BRANDS AND LIVE SERVICES WITH A NEW SET OF MEASURES, CEMENTING LONG-TERM GROWTH AND VALUE CREATION PROSPECTS 2022-23 financial targets updated, introduction of targets for 2023-24 Download the press release Paris, January 11, 2023 – Ubisoft strengthens strategic focus on biggest brands with a new set of measures, cementing long-term growth and value creation prospects. The Company updates today its 2022-23 financial targets and introduces 2023-24 tar
UBSFY vs. MGM: Which Stock Is the Better Value Option?
The video game industry has had a roller coaster year in 2022. After posting record-breaking sales during the pandemic’s peak, the economic reopening caused the gaming market to take a sharp downturn. Sales plunged over the first three quarters due to dwindling demand from an already fragile economy. Consequently, it was one of the worst years for the video game sphere shedding light on how much uncertainty affects every sector of our economy. Hence, it’s probably the right time for investors to
UbiSoft Entertainment Inc. (UBSFY) might move higher on growing optimism about its earnings prospects, which is reflected by its upgrade to a Zacks Rank #2 (Buy).
NOT FOR RELEASE, PUBLICATION OR DISTRIBUTION, DIRECTLY OR INDIRECTLY, IN OR INTO THE UNITED STATES, OR TO, OR FOR THE ACCOUNT OR BENEFIT OF, U.S. PERSONS (AS DEFINED IN REGULATION S UNDER THE USSECURITIES ACT OF 1933, AS AMENDED (THE “U.S. SECURITIES ACT”)), OR IN OR INTO AUSTRALIA, CANADA, JAPAN OR ANY OTHER JURISDICTION IN WHICH IT WOULD BE UNLAWFUL TO DO SO.THIS PRESS RELEASE IS FOR INFORMATION PURPOSE ONLY AND DOES NOT CONSTITUTE AN OFFER TO SELL OR A SOLICITATION OF AN OFFER TO BUY ANY SECU
NOT FOR RELEASE, PUBLICATION OR DISTRIBUTION, DIRECTLY OR INDIRECTLY, IN OR INTO THE UNITED STATES, OR TO, OR FOR THE ACCOUNT OR BENEFIT OF, U.S. PERSONS (AS DEFINED IN REGULATION S UNDER THE US SECURITIES ACT OF 1933, AS AMENDED (THE “U.S. SECURITIES ACT”), OR IN OR INTO AUSTRALIA, CANADA, JAPAN OR ANY OTHER JURISDICTION IN WHICH IT WOULD BE UNLAWFUL TO DO SO.THIS PRESS RELEASE IS FOR INFORMATION PURPOSE ONLY AND DOES NOT CONSTITUTE AN OFFER TO SELL OR A SOLICITATION OF AN OFFER TO BUY ANY SECU
The firm has been dogged by game delays, on top of project cancellations and heavy sector competition. The maker of the blockbuster "Assassin's Creed" franchise posted a net loss of 190.2 million euros ($190.6 million)in the half-year ended on September 30, compared to a slight profit of 1.6 million euros in the same period last year. "The H1 bottom line notably reflects accelerated R&D depreciation, including for the previously announced cancelled projects," Ubisoft's finance chief Frédérick Duguet said in a statement.
UBISOFT REPORTS FIRST-HALF 2022-23 EARNINGS FIGURES Stronger than expected Q2 back-catalog driven by Tom Clancy’s Rainbow Six® Siege and Assassin’s Creed® First revenue recognition of mobile licensing partnership Download the .pdf file Download the Earnings Slideshow FIRST HALF 2022-23: NET BOOKINGS WELL ABOVE TARGET In €m Reported change vs. H1 2021-2022 In % of total net bookings H1 2022-23H1 2021-22IFRS 15 sales731.2-2.7%NANANet bookings699.4-2.6%NANADigital net bookings641.715.1%91.7%77.6%PR
Ubisoft Announces its Global Creative Office The new organization aims to further grow the value of Ubisoft’s brands by boosting game creation, delivery and fostering the autonomy of creative teams in studios Download the Press Release PARIS – October 6, 2022 – Today, Ubisoft is announcing the implementation of its Global Creative Office to better reflect and support its portfolio strategy. With this evolution, Ubisoft aims to further support creative teams by facilitating decision-making and st
A study from Coda Labs shows that only 3% of gamers own an NFT and generally don’t have positive feelings about crypto.