Ubisoft’s earning for the Q1 2015 fiscal quarter, ended June 30, were down year-over-year by 73.2%, but the firm still beat expectations and the company noted a surge in digital revenue.
According to the financial report, digital revenues totaled €54 million, which represented 56% of total sales, compare to 23% the prior year.
The firm expected revenues to decline for the quarter when compared to Q1 2014, which saw the release of Watch Dogs.
However, total revenues for the quarter higher than the targeted €80 million due to a 59% increase in back-catalog sales of €91.6 million.
Revenues in the segment we attributed to “the better-than-expected performance” of Assassin’s Creed Unity, along with sustained sales of Far Cry 4, The Crew and Watch Dogs.
Sales for Ubisoft’s Q1 or fiscal year 2015-16 came to €96.6 million compared to €360 million year-over-year.
A call to investors will take place within the hour, and if anything interesting comes out of it, we’ll let you know.
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