Ubisoft Entertainment
UBI: XPAR (FRA)
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Ubisoft Earnings: Bookings Disappoint on Rainbow Six Woes That Bely the Trend of Poor Results
Ubisoft's fiscal first-quarter bookings (cash sales) fell 3% year over year, missing guidance by 10%. The firm attributed the miss to a technical issue that kept it from fully monetizing Rainbow Six Siege. Ubisoft didn't disclose profitability but maintained its full-year sales and profit outlook.
