Ubisoft’s Biggest Quarter Ever Is Partly Due to ‘Reaping the Nintendo Switch Success’, Says CFO

Ubisoft’s Biggest Quarter Ever Is Partly Due to ‘Reaping the Nintendo Switch Success’, Says CFO

3 years ago
Anonymous $K6XgmDN5_o

https://wccftech.com/ubisoft-biggest-quarter-ever-is-partly-due-to-reaping-the-nintendo-switch-success-says-cfo/

Ubisoft boasted its biggest quarter ever yesterday. The third quarter of the company's fiscal year 2020-2021 saw Ubisoft breaking records with €965.1 million of IFRS 15 sales (a 131.9% increase over last year's third quarter) and €1,001 million of net bookings (an increase of 119.7% over last year's third quarter); the latter also exceeded company expectations, which had been set between €860 million and €960 million.

Of course, the many successful releases of this quarter (Watch Dogs: Legion, Assassin's Creed Valhalla, Immortal: Fenyx Rising) clearly played an important role in the record sales.

Ubisoft’s Biggest Quarter Ever Is Partly Due to ‘Reaping the Nintendo Switch Success’, Says CFO

Feb 10, 2021, 10:14am UTC
https://wccftech.com/ubisoft-biggest-quarter-ever-is-partly-due-to-reaping-the-nintendo-switch-success-says-cfo/ > Ubisoft boasted its biggest quarter ever yesterday. The third quarter of the company's fiscal year 2020-2021 saw Ubisoft breaking records with €965.1 million of IFRS 15 sales (a 131.9% increase over last year's third quarter) and €1,001 million of net bookings (an increase of 119.7% over last year's third quarter); the latter also exceeded company expectations, which had been set between €860 million and €960 million. > Of course, the many successful releases of this quarter (Watch Dogs: Legion, Assassin's Creed Valhalla, Immortal: Fenyx Rising) clearly played an important role in the record sales.