Ubisoft Financials - Ghost Recon Online Open Beta Nears

Here is Ubisoft's sales report for their fiscal 2012-2013 first quarter. They declare sales of €131 million (USD $160M), which is higher than they had projected and a full 27% improvement over the same period last year. In detail they explain that Tom Clancy's Ghost Recon Future Soldier has outperformed expectations, and while they saw a decline in back catalog sales, this was in part offset by growth in online back-catalog sales. They say their future plans involve "the arrival of the new generation of consoles and the ramp-up of the Free-to-Play segment," and also outline a new loan agreement that covers the next five years. There is also word in there to expect open beta testing of Tom Clancy's Ghost Recon Online this quarter.
View : : :
6.
 
Re: Ubisoft Financials - Ghost Recon Online Open Beta Nears
Jul 19, 2012, 15:19
6.
Re: Ubisoft Financials - Ghost Recon Online Open Beta Nears Jul 19, 2012, 15:19
Jul 19, 2012, 15:19
 
Yeah, they're hiding something. You don't put out a press release stating only "earnings and sales" at the end of your financial quarter... I'm looking through the investor section of their site and they have no legitimate report posted since the end of FY2012 in May. They probably only give it out if you fill out that form to request one mailed to you.

I'm surprised they actually put in there that they just took out a $263 million loan to "secure financing for the next five years." Pretty much cements the fact that they're not really keeping much of that $160 million they just earned this quarter.

This comment was edited on Jul 19, 2012, 15:24.
Date
Subject
Author
 6.
Jul 19, 2012Jul 19 2012
Re: Ubisoft Financials - Ghost Recon Online Open Beta Nears