Ubisoft sees sales shrink in Q2 but rise 65% for first half

[Xsilent(X)]

 

French publisher Ubisoft today reported its second quarter and first half fiscal performance, which revealed a better than expected sales total over the last six months. Q2 sales were actually down almost 43 percent to €124.1 million ($156.5 million). The publisher had been targeting Q2 sales of approximately €85.0 million, so it easily exceeded guidance. The first half overall was up more than 65 percent to €484.2 million ($611.2 million).

 

The company said it ended the first half with non-IFRS operating income of €24.2 million, which is a nice improvement on the €98.0 million operating loss reported during the first half of the 2013-14 fiscal period.

 

Ubisoft specifically pointed to its continued success of new IP Watch Dogs, which has now shipped over 9 million units. Additionally, the publisher cited a "firm back catalog" that generated €113.7 million, thanks to games like Assassin's Creed Black Flag, South Park: The Stick of Truth, Far Cry 3 and Rayman Legends. It's also important to note that Ubisoft's digital segment revenues increased 90.4 percent to €134.7 million (27.8 percent of total sales) - this was driven by digital distribution, DLC and in-game items and mobile titles.

 

https://gamingmedia.eu/pc/news/162-ubisoft-sees-sales-shrink-in-q2-but-rise-65-for-first-half

[TheKDub]

Ubisoft needs to just go away.

[SeanBond]

Yeah well you make more money if you stopped trying to push out a game every 5 minutes and made quality games instead.

[Fulgrim]

Ubisoft needs to just go away.

When they've finished making FarCry 4 preferably.