Ubisoft Entertainment (OTCPK:UBSFY)
$ 2.45 0.04 (1.66%) Market Cap: 1.60 Bil Enterprise Value: 3.12 Bil PE Ratio: 0 PB Ratio: 0.90 GF Score: 52/100
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Full Year 2023 Ubisoft Entertainment SA Earnings Call Transcript

May 16, 2023 / 04:15PM GMT
Release Date Price: $5.27 (-7.54%)
Operator

Ladies and gentlemen, welcome to Ubisoft Full Year 2023 Earnings Conference Call. (Operator Instructions)

I will now turn the conference over to Yves Guillemot, Chairman and CEO of Ubisoft. Please go ahead.

Yves Guillemot
Ubisoft Entertainment SA - Co-Founder, Chairman, CEO, President & Chief Creative Officer

Welcome, everyone, and thank you for joining the call today.

While the past year was challenging for the industry and for Ubisoft, it was pivotal for the company. We reinforced our strategic focus on our biggest opportunities, initiated a meaningful cost reduction plan and provided additional development time for our strong pipeline of content. We have implemented significant evolutions throughout our organization over the past 3 years, and we will continue to adapt to the fast-moving environment. The industry's prospects are promising, and Ubisoft has a great opportunity to transform its brand into truly global phenomenon and build an increasingly recurring business. As such, our '23-'24 lineup will reflect our key strategic

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