The video game industry has been running low on HP all 2025, fighting boss battles against studio layoffs, game delays, and financial troubles. Now, it appears that releasing earnings in a timely manner is also proving difficult, at least for the French game studio behind franchises such as Assassin’s Creed, Far Cry, and Tom Clancy’s.

Minutes before a scheduled earnings call today, Ubisoft Entertainment announced a “postponement of the release of its results” for the first half of the fiscal year 2025-26. Coinciding with the delay, the company also asked the Euronext Paris exchange to halt trading of its shares and related bonds, effective immediately.

Shares of the company will resume trading after the company’s earnings drop. However, in unusually vague manner, the company simply ended its statement by saying that, “Ubisoft will inform the market of the date on which trading will restart.”

In a statement reportedly circulated to staff, CFO Frédérick Duget told employees that the results will be published “in the coming days.” Duget went on to say that the halt in shares was about avoiding “unnecessary speculation and market volatility” from the delay.

The delay will do the company no favors. Aside from an anemic showing in its latest quarterly earnings, the company has gained a penchant for internal issues and delaying titles, both of which have impacted the company’s timeline for existing projects. Really, the only positive piece of information from the company this year came in the form of a €1.16 billion investment from China’s Tencent Holdings, which created a new subsidiary for its most profitable titles.

While the last minute nature of the announcement would suggest that the company might have discovered some sort of material accounting or audit issue, industry hawks might suggest the delay might portend an eventual takeout of the ailing firm. Traders on some retail investing forums and media platforms have even speculated that financial issues are likely a contributor as well, citing a ‘voluntary layoff’ effort launched at the firm several weeks ago.

Going into today’s earnings, analysts polled by LSEG held a current target price of €11.04, a 63% premium to today’s closing price on the Euronext. Last week, analysts at Wedbush earmarked Ubisoft as an ‘Outperform’ ahead of its earnings, stressing its long-term potential.