Ubisoft reported bigger revenues than it predicted for the last quarter, thanks to Ghost Recon: Future Soldier
, Just Dance 4
, and considerable growth in its online, mobile, and console download businesses.
The Parisian publisher's total sales for the July to September period reached €148 million ($189.5 million), a slight increase over the €146 million ($186.9 million) reported during the same quarter last year, and well over its initial guidance of €110 million ($140.1 million).
Around half of that jump was attributed to higher than projected sales for Ghost Recon: Future Soldier
on PlayStation 3, Xbox 360, and Windows. It was the best-selling title in the U.S in terms of both revenue and units in May and June.
Ubisoft's online segment -- which includes free-to-play PC, mobile, and console digital -- continues to play a key role in the company's earnings. Titles like Trials Evolution
on XBLA, Rayman Jungle Run
on mobile, and browser-based game Howrse
helped deliver €28 million ($35.9 million) in online sales for the publisher's second quarter, a 59 percent year-over-year boost.
The company has several free-to-play and mobile titles based on its core franchises coming to keep this momentum going, too. On the free-to-play PC side, it will release Might & Magic: Heroes Online
, Ghost Recon: Online
, Silent Hunter: Online
, and Anno Online
. For mobile, Ubisoft will put out Assassin's Creed: Utopia
and Might & Magic: Duel Champions
(releasing for PC, too).
Sales for Just Dance 4
, the latest entry for the company's popular dancing game franchise, also contributed to the publisher's high revenues. Though the title has suffered a double-digit drop in sales compared to Just Dance 3
, Ubisoft expects those numbers to pick back up with the upcoming release of the Wii U version.
For the first half of its fiscal year, Ubisoft reported profits of €192.7 million ($246.8 million), compared to €158.4 million ($202.9 million) during the same period last year. Its operating income, though, also increased from €49.3 million (63.1 million) to €58.1 million ($74.4 million).
As for the company's profits during the first half of its fiscal year, Ubisoft's took a loss of €32.3 million ($41.3 million), which the company blamed on structure costs for its online segment, and large-scale marketing campaigns for marquee holiday titles like Assassin's Creed 3
and Far Cry 3
-- it expects those investments to pay off with record sales for the second half of its fiscal year (ending March 2013).
The publisher is already off to a great start with Assassin's Creed 3
, which is the fastest-selling entry for the franchise. It's so far sold an estimated 3.5 million units since releasing last week, a 100 percent increase over the last Assassin's Creed