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Pirat_Nation 🔴
@Pirat_Nation
Tech & gaming analysis with the latest updates | TV & Films | alt: @piratnation | Official @skinscom Affiliate
Joined July 2022
93 Following    324.9K Followers
Ubisoft has announced a record €1.3 billion operating loss for its fiscal year ending March 2026. Net bookings dropped 17.4% to €1.53 billion, impacted by underwhelming game launches and development delays. In response, the company implemented cost-cutting measures, including the reduction of about 1,200 jobs and €118 million in fixed costs. Ubisoft predicts an 8-9% decline in sales and a high single-digit loss margin for the 2026-27 fiscal year, but anticipates returning to profit and generating positive cash flow by 2027-28.
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