Gaming giant Ubisoft made an announcement about its forecast for fiscal year, three cancellations, and yet another delayed release date for Skull & Bones. The long-awaited game has been delayed six times, and the new release date is early 2024.
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Ubisoft also revised its Q3 2022-23 net bookings target, now expected at approximately $779 million versus the prior forecast of approximately $892 million. The lower-than-expected performance of Mario + Rabbids: Sparks of Hope and Just Dance 2023 caused the change of the forecast, turning 10% growth into %10 decline.
Yves Guillemot, Co-Founder and Chief Executive Officer, said
“We are clearly disappointed by our recent performance. We are facing contrasted market dynamics as the industry continues to shift towards mega-brands and everlasting live games, in the context of worsening economic conditions affecting consumer spending.”
The France-based giant had a fantastic H1 in 2022, going over the forecasted target of €270 million and earning €406 million and Hungry Shark franchise reaching 1 billion downloads.
