Ubisoft quarterly earnings miss the pandemic bump

Ubisoft released its earnings report for the quarter ending on June 30, reporting $383.82 million (€326 million) in net bookings.

That is down 20.5% from the same period last year. Ubisoft did not release any major new games during this quarter, although the same could be said last year. In 2020, however, all of gaming was getting a massive bump from the pandemic. The bored, quarantined masses turned to gaming for entertainment, and this gave Ubisoft a boost.