Ubisoft released a net positive print for its H1 23/24 featuring a massive beat on Q2 expectations tempered by a more cautious-than-expected Q3 outlook. A yet-to-announce premium game release was postponed to the subsequent fiscal year without harming the FY23/24 targets. Also, the company issued a welcome update on its 2-year cost-cutting plan initiated in January 2023.

30 Oct 2023
Flexing its new titles and back-catalog muscles

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Flexing its new titles and back-catalog muscles
- Published:
30 Oct 2023 -
Author:
Valentin Mory -
Pages:
3 -
Ubisoft released a net positive print for its H1 23/24 featuring a massive beat on Q2 expectations tempered by a more cautious-than-expected Q3 outlook. A yet-to-announce premium game release was postponed to the subsequent fiscal year without harming the FY23/24 targets. Also, the company issued a welcome update on its 2-year cost-cutting plan initiated in January 2023.