On November 13th, Ubisoft postponed the release of its financial report for the first half of the 2025-26 fiscal year and temporarily halted the trading of its stocks and bonds. The delayed earnings report may have sparked some concern within the gaming community that Ubisoft's 1.3 billion dollar deal with Tencent had fallen through, but they've since released their earnings and the transaction has been completed.
Earlier this year, Ubisoft announced a major restructuring that would see the gaming goliath narrow its focus, and form a subsidiary dedicated to creating new games and content for three of their most popular games—Assassin's Creed, Far Cry, and Tom Clancy's Rainbow Six. Headed by Christophe Derennes and Charlie Guillemot, this new venture has now been named Vantage Studios, and there will be more of these 'creative houses' in the future.
Ubisoft Will Unveil Full Details Of New Operating Model In January
Ubisoft's delayed financial report shows the company may be finally headed in the right direction after suffering some heavy losses in 2024.
"Q2 Net Bookings exceeded expectations, reaching €490.8m, versus guidance of around €450m, and up 39% year-on-year. The outperformance was driven by stronger-than-expected partnerships, and was supported by a...
