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UBSFF Ubisoft Entertainment SA News Story

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Ubisoft shares jump on Q3 net bookings, confirmed outlook

** Shares in Ubisoft Entertainment UBIP.PA surge 12% after the French video game company
delivered Q3 net bookings
 slightly above its pre-announced guidance and confirmed 2026 outlook

        ** Quarterly net bookings increased by 18% to 338 million euros, and came slightly ahead of the 330 million announced on January 21

** TP Icap Midcap says in a note that in-line earnings and confirmed financial targets are alleviating concerns following prior warnings

** TD Cowen also points to no further surprises following the pre-announcement

        ** However, TP Icap Midcap highlights low visibility due to earlier game cancellations and delays, with clarity expected in May when new medium-term targets are revealed

** Shares tracking their best day since December 2024, if gains hold

 (Reporting by Leo Marchandon)

 ((leo.marchandon@thomsonreuters.com))

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