Ubisoft has record first quarter thanks to games like Rainbow Six and back catalog

Ubisoft released its financial results for the first quarter of the financial year 2018-19, showing sales of $466.5 million for the period. This is a record first quarter for the French publisher. The period took place in the three months ending on June 30.

“We had a record first quarter, which exceeded our expectations,” Ubisoft co-founder and chief executive officer Yves Guillemot noted in a press release sent to GamesBeat. “This performance was fueled by steady growth for our back-catalog and an excellent momentum for PRI (program-related investments), once again confirming the increasingly recurring profile of our business and the ever-greater success of our digital transformation.”