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Ubisoft Entertainment SA Raises FY 2012/2013 Guidance-Reuters

Tuesday, 6 Nov 2012 12:19pm EST 

Reuters reported that Ubisoft Entertainment SA has raised its full year 2012/2013 revenue guidance to a target of between EUR 1.2 billion and EUR 1.26 billion, compared to an earlier forecast of between EUR 1.16 billion and EUR 1.2 billion. The Company also raised its full year 2012/2013 operating profit guidance and now expects to report between EUR 90 million and EUR 100 million compared to EUR 70 million and EUR 90 million previously. According to I/B/E/S Estimates, analysts on average were expecting the Company to report full year 2012/2013 revenue of EUR 1.2 billion and full year 2012/2013 operating profit of EUR 75.2 million. 

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-0.54 -3.97%
11:36am EDT