Ubisoft Third Quarter Sales Exceed Expectations
Things are going quite well for Ubisoft, after their third quarter financial reports show impressive sales. If you’re an Ubisoft executive, you’re pretty happy today, with profits for the current fiscal year expected to exceed $133 million thanks to strong sales from Far Cry 3 and Assassin’s Creed III leading the way. Those two alone boosted the company’s sales by 23%.
Far Cry 3 sold more than 4.5 million combined physical and digital units, while Assassin’s Creed III outsold the previous title in the series – Revelations – by a 70% margin, with 12 million total sales. Just Dance 4 didn’t have the same luck: the game sold 8 million units, which sounds good, but sales were actually down 13% compared to the previous game in the series.
Still, not a bad turnout overall for the company:
“Fiscal 2012-13 is a real turning point for Ubisoft,” said CEO Yves Guillemot. “Our performance fully validates our long-term choices and the large-scale investments we have been undertaking for several years now, with a sharp ramp-up in games for core gamers and notably our strong comeback into the major segment of shooter games.”
Things are expected to keep going well for Ubisoft, after picking up THQ Montreal earlier this year, which means they’ll reap the profits from South Park: The Stick of Truth and at least one other unnamed, new IP.