Ubisoft Entertainment
UBI: XPAR (FRA)
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Ubisoft Earnings: Fine Results; Shares are Grossly Undervalued Following Chronic Mishaps
Ubisoft's fiscal third-quarter bookings (cash sales) rose 12% year over year. The firm doesn't provide profitability metrics in odd quarters, but it reaffirmed its outlook from when it announced a restructuring last month: an EUR 1 billion operating loss and negative free cash flow this fiscal year.
