Ubisoft Earnings: Q1 Revenue Up 27% Ghost Recon: Future Soldier Shines
Ubisoft started Fiscal Year 2013 (ending June 30) with a plus as first quarter earnings increased 27% over last years quarter, with Ghost Recon: Future Soldier the primary driver for Ubisoft after a strong launch that saw it hold onto the top spot for 3 consecutive weeks on the UK charts whilst still proving to be popular over the summer.
Total Q1 revenues for the firm came in at €131 million ($160.6 million) compared with €103 million ($126.3 million) during the same period last year. Sales for Ubisoft’s online segment came in at €27 million ($33.1 million), which is a whopping 112% increase year-over-year, despite a 41% decline in back-catalog sales.
Yves Guillemot announced solid numbers for their Uplay service, holding 35 million registered users to date and iterated the vision forward for FY13 will be to focus on “the arrival of the new generation of consoles and the ramp-up of the free-to-play” segment.
In Q2, Ubisoft will be busy preparing an open beta for their upcoming game, Ghost Recon Online – information yet to be announced.