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net bookings

Ubisoft revenue halved year-on-year for Q3
AppWizard
February 14, 2025

Ubisoft revenue halved year-on-year for Q3

Ubisoft reported a 47.5% decline in revenue for the three months ending in December, totaling €318.1 million, down from €606.4 million the previous year. Net bookings fell by 51.8% to €301.8 million. The back catalogue generated €268 million, making up 88% of total net bookings, but also saw a year-on-year decline. CEO Yves Guillemot expressed optimism about the upcoming launch of Assassin’s Creed Shadows on March 20, highlighting early positive previews. Ubisoft is implementing cost reduction initiatives and expects to exceed its cost reduction objectives by the end of FY25, with plans to continue into FY26. A formal review of Ubisoft's strategic options is underway to maximize asset value for stakeholders.
Take-Two net bookings up 3% for Q3
AppWizard
February 7, 2025

Take-Two net bookings up 3% for Q3

Take-Two Interactive reported a three percent rise in net bookings for the quarter ending December 2024, totaling .37 billion, with 79 percent from recurrent consumer spending, which increased by nine percent year-on-year. Net revenue slightly decreased by 0.7 percent to .36 billion. CEO Strauss Zelnick projected full financial year net bookings between .55 billion and .65 billion, anticipating significant releases such as Grand Theft Auto 6, Mafia: The Old Country, and Borderlands 4 in fiscal year 2025/26. The company's performance was bolstered by strong sales of NBA 2K, which helped offset declines in mobile franchises, and a strategic shift in expense timing. The guidance for Fiscal 2025 net bookings remains between .55 billion and .65 billion.
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