Ubisoft Entertainment (OTCPK:UBSFY)
$ 2.45 0.04 (1.66%) Market Cap: 1.60 Bil Enterprise Value: 3.11 Bil PE Ratio: 0 PB Ratio: 0.90 GF Score: 52/100
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Ubisoft Entertainment SA Updates Financial Targets and Release Schedule For 2019-2020 Transcript

Oct 24, 2019 / 04:15PM GMT
Release Date Price: $10.34 (-16.61%)
Yves Guillemot
Ubisoft Entertainment SA - Co-Founder, Chairman, CEO & President

Good afternoon, and good morning, everybody. Thank you for joining us on such a short notice. Over the past few years, we have benefited from the profound evolution of our portfolio of franchises. We have been able to expand our segment's reach by establishing a strong foothold in diverse channels from action adventures to shooters, RPGs, solo multiplayer and eSports.

We have deeply transformed the group as we now combine our strong creative DNA with a data-driven and player-centric approach. We have learned to operate strong live services, which has allowed us to support our games. Over the long term and to continuously improve our players' experience. We can rely on a robust back catalog, which ended up, again, higher than expected in Q2.

Thanks notably to another remarkable performance from Rainbow Six and Assassin's Creed Odyssey. While we are proud of those achievements and of our evolutions towards a more recurring and profitable profile, our latest 2 AAA releases underperformed commercially

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