Ubisoft Beat Targets with Q2/H1 Results and Look Forward to a Strong Year
https://wccftech.com/ubisoft-q2-h1-results/
It’s been seven months since the protracted drama between Vivendi and their attempted hostile takeover of Ubisoft. Since then, Ubisoft (EPA:UBI) has been performing admirably, despite any reservations I may personally have with their titles. As I reported on their first quarter, it was the best in Ubisoft’s history. Going by today’s report, the second quarter has continued this strong trajectory.
Net bookings for the second quarter came in at €364.6 million against a target of €345m and was also a 38% year on year increase. Net bookings for the six month period, March to September 30th, came in at €746.1m and marked a 60% YoY increase over last years €466.2m. Operating income from this has come in at €110.2m, a 3550% increase from last years €3.1m. This is based on non-IFRS (International Financial Reporting Standards) figures.