Ubisoft confirms guidance after Q2 revenue beat, headcount drops


FILE PHOTO: The UbiSoft Entertainment logo is seen at the Paris Games Week (PGW), a trade fair for video games in Paris, France, October 29, 2019. REUTERS/Benoit Tessier/File Photo

(Reuters) -French video game producer Ubisoft on Thursday confirmed its guidance for the current financial year, as the company expressed confidence in its line-up after it beat its net booking estimate for the second quarter.

The maker of the blockbuster "Rainbow Six" franchise reported net bookings of 554.8 million euros ($584.09 million)for the three months to September 30, well above its target of 350 million euros.

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