Ubisoft shares have plummeted by 20% so far today following a delay of Assassin's Creed Shadows and "softer than expected" sales of Star Wars Outlaws.
The publisher has also lowered its financial targets for the current fiscal year and is now expecting break-even non-IFRS operating income.
The company’s Q2 has also been worse than expected, with reduced forecasts of €350 million ($390.4 million) to €370 million ($412.7 million) in net bookings. It had previously targeted €500 million ($557.7 million).
With its new targets, Ubisoft expects to generate net bookings of approximately €1.95 billion this fiscal year.
