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Ubisoft (UBI FP) Q3 (EUR): Revenue 318.4mln, net bookings 388mln, +12% Y/Y. Outperformance vs expectations primarily driven by partnerships and the Assassin's Creed franchise

Newsquawk Staff ·

Ubisoft (UBI FP) Q3 (EUR): Revenue 318.4mln, net bookings 388mln, +12% Y/Y. Outperformance vs expectations primarily driven by partnerships and the Assassin's Creed franchise.

What it means

Ubisoft's Q3 results show a 12% year-over-year revenue increase, surpassing expectations mainly due to strong performance from their partnerships and the Assassin's Creed franchise. This outperformance is significant as it suggests positive momentum in their gaming portfolio, which could improve investor sentiment and affect stock pricing, particularly as the earnings outlook may lead to increased excitement around future releases.

Sources

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