Ubisoft Q1 revenue misses expectations, Q2 outlook falls far short of analysts' forecasts

Glonghui, July 23 — Ubisoft Entertainment reported sales of €268.2 million for the first fiscal quarter, compared to analyst expectations of €272.9 million; first quarter net bookings amounted to €255.8 million, exceeding analyst expectations of €254.3 million; net bookings for the second fiscal quarter are expected to be around €370 million, while analysts were expecting €426.4 million.