Ubisoft leans heavily on next-gen for fiscal year projections
Ubisoft has released its first quarter results [PDF
] for its first fiscal quarter ended in June, which modestly beat projections.
The France-based publisher saw first quarter sales of approximately €76 million ($99.4 million U.S.), up from a projection of €70 million ($91.5 million U.S.). However, these results are nearly half of last year's sales (recorded at €131 million) in the same time period, the result of having no really strong titles hitting retail in the last few months.
Top performers for the quarter include Far Cry 3
, Assassin's Creed 3
, Just Dance 4
and Rayman Origins
. Digital sales were up 27 percent to €34 million, driven by Far Cry 3: Blood Dragon
and Call of Juarez: The Gunslinger
Ubisoft set its outlook for second quarter at €200 million and full year at €1.42-€1.45 billion. Driving factors for this projection are the release of Tom Clancy's Splinter Cell: Blacklist
and Rayman Legends
, in the second quarter, and holiday releases including Watch Dogs
and The Division
, the latter bound for Microsoft's and Sony's next-generation consoles.