Ubisoft expects 39% drop in third-quarter net bookings
Oct 30 (Reuters) -French video game producer Ubisoft UBIP.PA expects net bookings for its third quarter to be down about 39% year on year at about 380 million euros ($412.2 million) because it has no new releases in the quarter, finance chief Frederick Duguet told reporters on Wednesday.
Ubisoft also confirmed guidance for the current financial year to March 31 after a September cut following postponement of a new instalment in its "Assassin's Creed" franchise by three months to Feb. 14.
Net bookings for the second quarter to Sept. 30 fell 36.5% year on year to 352.3 million euros, in line with guidance of 350 million to 370 million euros.
Reporting by Adrianna Ebert
Editing by David Goodman
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