Ubisoft Announces Record €1.3 Billion Loss In Last FY Due To Underwhelming Game Launches

Aranzor

Expert
  • Ubisoft suffered an operating loss of €1.3 billion in the fiscal year ending March 26.
  • The record-breaking loss was due to a softer release schedule and restructuring costs.
  • The company believes it will bounce back harder than ever with key IPs in the next three years.

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