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Ubisoft Q1 net bookings down 9.2%, attributes drop to "high comparison base" from same period last year

Ubisoft reported first quarter net bookings of €255.8 million, a 9.2% year-on-year decrease attributed to a high comparison base from the previous year's Assassin's Creed Shadows launch. The company's performance was boosted by the mobile title Invincible: Guarding the Globe, while Assassin's Creed: Black Flag Resynced saw strong sales and record PC player counts. The report also detailed organizational changes, including the appointment of Christoph Hartmann to lead Creative House 2 and studio closures, alongside layoffs affecting 380 roles.

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