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Ubisoft's holiday haul was a lot less impressive this year than last.
The publisher today reported its financial results for the three months ended December 31, showing its fiscal third quarter sales were down 31% to €666 million ($757 million), with bookings off 25% to €746 million ($848 million).
The previous year's holiday quarter featured a full lineup of major titles including the launches of Assassin's Creed Valhalla, Immortals Fenyx Rising, and Watch Dogs: Legion.
Ubisoft's holiday slate for the recently completed quarter was driven by Far Cry 6 and Riders Republic.
Through the first nine months of the fiscal year, Ubisoft sales are down 18% to €1.42 million ($1.61 million), with bookings down 17% to €1.46 million ($1.66 million).
The publisher said the fourth quarter is facing a much easier comparison, and projects that year-over-year bookings decline to be nearly wiped out by the end of March, with full-year bookings ending up flat to slightly down.
Ubisoft's fourth quarter is led by the launch of Rainbow Six: Extraction, the Assassin's Creed Valhalla expansion Dawn of Rangnarok, and The Settlers on PC.
Ubisoft's holiday haul was a lot less impressive this year than last.
The publisher today reported its financial results for the three months ended December 31, showing its fiscal third quarter sales were down 31% to €666 million ($757 million), with bookings off 25% to €746 million ($848 million).
The previous year's holiday quarter featured a full lineup of major titles including the launches of Assassin's Creed Valhalla, Immortals Fenyx Rising, and Watch Dogs: Legion.
Ubisoft's holiday slate for the recently completed quarter was driven by Far Cry 6 and Riders Republic.
Through the first nine months of the fiscal year, Ubisoft sales are down 18% to €1.42 million ($1.61 million), with bookings down 17% to €1.46 million ($1.66 million).
The publisher said the fourth quarter is facing a much easier comparison, and projects that year-over-year bookings decline to be nearly wiped out by the end of March, with full-year bookings ending up flat to slightly down.
Ubisoft's fourth quarter is led by the launch of Rainbow Six: Extraction, the Assassin's Creed Valhalla expansion Dawn of Rangnarok, and The Settlers on PC.