The Ubisoft sales space is proven on the E3 2017 Digital Leisure Expo in Los Angeles, California, U.S. June 13, 2017. REUTERS/ Mike Blake
(Reuters) – French online game producer Ubisoft on Wednesday reported fourth-quarter internet bookings of 676.7 million euros, beneath firm’s expectations of roughly 698.zero million euros.
Fourth-quarter gross sales stood at 516.5 million euros ($578.69 million), additionally lacking the corporate’s goal of round 571.zero million euros
“IFRS 15 … was launched in our books this yr,” CFO Frederick Duguet stated, referring to accounting guidelines. “And, as we had introduced, we didn’t restate final yr’s…