Ubisoft Finally Breaks Silence: Earnings and Trading Return This Friday (So Grab Your Popcorn)
After nearly a week of radio silence that felt longer than an Assassin’s Creed escort mission, Ubisoft has finally told us when the lights are coming back on.
We have been in the dark since November 13, when the publisher yanked the emergency brake on their earnings call minutes before it was set to start. The speculation has been rampant, ranging from a surprise Tencent buyout to a catastrophic accounting error. Now, we have a date.
The Friday Morning Showdown
In a press release dropped today, Ubisoft confirmed that they will communicate their earnings figures for the first half of fiscal 2025-26 no later than before the opening of trading on Friday, November 21.
This means the band-aid is getting ripped off right before the market opens to ruin everyone's weekend. They also confirmed that trading will officially resume at the same time. This affects the entire portfolio, including the main shares and the bonds maturing in 2027, 2028, and 2031. Essentially, the entire financial machinery of the company kicks back into gear on Friday morning.
Why The Panic?
You do not halt trading for a week because you forgot to carry a one in Excel. Delaying earnings fifteen minutes before you talk to investors is a major event, and the prevailing theories are currently split down the middle.
One camp believes the "accounting error" theory. This suggests auditors found a discrepancy at the absolute last second that required a massive restatement of the financials. That is the kind of news that usually sends stock prices into the abyss. The other camp is hoping for a buyout, likely involving the Guillemot family and Tencent taking the company private to save it from the public market's wrath.
At Least The Romans Are Fine
The irony remains that Anno 117: Pax Romana is actually performing decently. While the corporate office is on fire, the game itself launched to healthy player numbers and seems stable. Whatever is happening in the boardroom clearly goes deeper than one game's launch week sales.
We will find out on Friday morning whether Ubisoft is being bought out or bailed out. Until then, hold onto your shares. Or your aqueducts.