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Ubisoft shares surge as trading resumes after results 'restatement'

On Friday, Ubisoft's shares resumed trading on Euronext and jumped 11.5 percent after a week-long suspension following a postponed results announcement.
The restatement forced the pause in results after new auditors found problems with Ubisoft's accounting for a partnership tied to its soon-to-be finalized Tencent transaction and IFRS15 revenue recognition.
Ubisoft reported net bookings of �491 million this quarter, helped by Assassin's Creed Shadows, and announced Vantage Studios with Tencent's 25 percent stake.
The imminent 1.16 billion euros investment is expected to help the company pay off outstanding debt, while restated results showed noncompliance with leverage covenants at September 30, 2025, despite full-year guidance of stable revenues and profit close to breakeven.
Shares remain more than 40 percent lower than a year ago, with Ubisoft cutting more than 3,000 staff since 2023 and operating about 17,000 employees, fueling takeover and consolidation speculation.

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Ubisoft shares surge as trading resumes after results 'restatement'

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