
Thu Feb 20 08:10:00 UTC 2025: ## Ubisoft’s Q3 Losses Offset by Strong Assassin’s Creed Shadows Pre-orders
**Paris, France** – Ubisoft announced a challenging third quarter (ending December 31, 2024), reporting a significant 51.8% year-on-year drop in net bookings, totaling €300 million. Despite this substantial decline, the company remains optimistic, citing strong pre-orders for its upcoming title, *Assassin’s Creed Shadows*.
Pre-sales for *Shadows* are reportedly on par with *Odyssey*, the franchise’s second-best-selling game, fueling expectations for a rebound in the next quarter. The game’s launch on March 20th is seen as crucial to the company’s financial recovery. CEO Yves Guillemot praised the development team, calling *Shadows* the franchise’s “most ambitious entry yet.” Early previews have been positive, highlighting the game’s narrative and dual-protagonist gameplay.
While other titles like *Rainbow Six Siege* and *The Crew Motorfest* showed positive metrics (increased player sessions and revenue), the overall financial picture remains bleak. Ubisoft is ahead of schedule on its cost-reduction plan, following layoffs and studio closures, including the sunsetting of *XDefiant*. Further restructuring is planned.
The company is also conducting a strategic review of its options, including potential buyout offers, though CFO Frederick Duguet declined to comment on specific rumors. Ubisoft emphasized its commitment to creating high-quality games in a competitive market.