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Ubisoft's Results

Ubisoft's first quarter 2010-11 results are in for the fiscal first quarter ending June 30, 2010. Word is: "Sales for the first quarter totaled €161 million, up 94%, or up 81% at constant exchange rates, compared with the €83 million recorded for the first quarter 2009-10. As announced on July 12th, sales for the first-quarter of 2010-11 exceeded the guidance (of approximately €145 million) announced at the time of the 2009-10 full-year earnings communication." They attribute this to "the solid performance of Splinter Cell Conviction," a "good performance by back-catalog and casual titles, spurred by the sustained sales of Just Dance®, as well as Assassin’s Creed® 2 and Avatar," as well as "a favorable exchange rate impact." The announcement doesn't cover profits and losses, except for this reference: "Ubisoft confirms its previous forecast for the full year 2010-11 of an expected return to profitable growth and positive cash flow from operating activities." Thanks joao.

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4. Re: Ubisoft's Results Jul 23, 2010, 02:16 Muscular Beaver
 
Their shares went down ~36% since April and 80% since mid 2008.
I would jump off while I still can, like EA did.

This comment was edited on Jul 23, 2010, 02:26.
 
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Oh that is so lame... You will PAY for your use of inappropriate dialogue!
- Mojo Jojo
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