Ubisoft Financials

Ubisoft offers their latest financial results covering the first half of their 2019-2020 fiscal year. They paved the way for this news last week by expressing their disappointment in the performance of Ghost Recon Breakpoint and, to a lesser degree, The Division 2 and saying they were delaying the releases of Gods & Monsters, Rainbow Six Quarantine, and Watch_Dogs Legion. They note that their operating income was "affected by impairment charges recorded for Ghost Recon Breakpoint, but also point to strong PC growth, saying this is "led notably by Uplay." As is usually the case with such reports, they express an optimistic outlook despite several downturns. Here's a bit:
Yves Guillemot, Co-Founder and Chief Executive Officer, said "Our second-quarter performance demonstrates the solidity of our back catalog, which was fueled by the strong momentum of many of our titles. Having already seen very sharp growth in the first quarter, Assassin’s Creed Odyssey delivered a further acceleration in performance compared with the previous opus in terms of sell-through, player engagement and PRI. MAUs for Rainbow Six Siege reached a record high during the quarter and its PRI continued to increase. This game is making its mark in a highly competitive environment, particularly in the esports arena.

As illustrated by our announcement last week, we are continuing to take decisions in the interests of Ubisoft's long-term future. It is as a result of this approach that we’ve been able to significantly and successfully transform our business model in recent years and create major shareholder value.