Ubisoft Announces €78 Million Operating loss
November 30th, 2009
Ubisoft has announced a €78 million operating loss, in line with expectations, as part of its financial results for the six month period that ended September 30, 2009.
The operating loss has been attributed to a €130.5 million decrease in gross profit and a €14.5 million reduction in R&D expenses “due to a smaller number of games launches.”