French video games group Ubisoft swung to an operating profit for its full-year to end-March, it said on Wednesday, as record bookings helped it reverse a year earlier loss of 500 million euros, its biggest ever.
“Our full-year 2024 results confirm that Ubisoft is back on track on its profitable growth trajectory, with record annual and fourth quarter net bookings,” CEO Yves Guillemot said in a statement. “Skull & Bones," released in February, received poor review scores, among the lowest for any Ubisoft game and was not a big seller, Wedbush Securities analyst Michael Pachter told Reuters.
The firm hopes to boost the game’s audience and keep players engaged for longer in the first half of its financial year beginning April 1.
Gaming Gaming Latest News, Gaming Gaming Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Source: SaltWire Network - 🏆 45. / 63 Read more »
Source: YahooFinanceCA - 🏆 47. / 63 Read more »