Ubisoft’s strong year continues despite no new releases last quarter

Ubisoft hasn’t released a major game in a few months, but that didn’t stop the publisher from having a strong sales quarter. For the first quarter of the fiscal year 2017-2018, the company hit sales of $234 million, higher than its projected $196.8 million.

Ubisoft managed this thanks to back catalog and digital sales. Digital revenue, which includes downloadable content and microtransactions, brought in $188 million. It represented 80.4 percent of Ubisoft’s sales, compared to 75.3 percent in the same period last year. Back catalog sales brought in $220.45 million.

The year has been good to Ubisoft. As of May, the publisher had the two best-selling games of the year so far: Tom Clancy’s Ghost Recon: Wildlands at No. 1 and For Honor at No. 2. This success comes at an important time for the company as it battles a hostile takeover bid from Vivendi.

For the next quarter, Ubisoft is expecting sales of $220 million. During that time frame, it will release Mario + Rabbids Kingdom Battle for the Nintendo Switch on August 29.

Mike Minotti

Mike Minotti has been with GamesBeat since 2012, starting as an intern. Based near Youngstown, Ohio, he now manages GamesBeat's editorial team. He's also a prolific podcaster, appearing on multiple shows covering the gaming industry.