Previous Close | 22.76 |
Open | 23.00 |
Bid | N/A x N/A |
Ask | N/A x N/A |
Day's Range | 22.82 - 23.08 |
52 Week Range | 18.06 - 50.92 |
Volume | |
Avg. Volume | 893,493 |
Market Cap | 2.855B |
Beta (5Y Monthly) | 0.06 |
PE Ratio (TTM) | N/A |
EPS (TTM) | -0.94 |
Earnings Date | May 09, 2023 - May 15, 2023 |
Forward Dividend & Yield | N/A (N/A) |
Ex-Dividend Date | N/A |
1y Target Est | 29.50 |
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