Ubisoft misses third quarter projections as Watch Dogs 2 underperforms

Ubisoft didn’t have as big a holiday season as it was hoping for.

The game publisher reported sales of $564.85 million for the third quarter of fiscal year 2016-2017 (which took place during the holiday season), less than the $596.93 million it was projecting for the period. It is also down from the $598.85 million in sales Ubisoft earned during the same quarter last year. The earnings come at a time when Ubisoft is battling a hostile takeover threat from Vivendi.