Ubisoft Reports 90.5% Growth, Delays Splinter Cell: Conviction

July 25, 2007 12:11 PM

Paris-based publisher Ubisoft announced its first quarter earnings yesterday, detailing a 90.5% increase in sales to 134 million euros (US$185 million). Though coupled with the news was a delay for the forthcoming game in Ubisoft's espionage action series, Splinter Cell: Conviction. The title will now retail in the fourth fiscal quarter--January through March of 2008--rather than the planned holiday release in the third quarter.

Attempts to contact Ubisoft for details on the delay have not yet received a response.

In light of the higher-than-expected sales, Ubisoft has raised its predictions for total fiscal year earnings to 825 million euros (US$1.14 billion), up from 800 million euros (US$1.11 billion). Sales of PlayStation 3 software accounted for the highest percentage of Ubisoft's sales during the first quarter, with 21% coming from titles for Sony's system. Behind PS3 games, Xbox 360 games accounted for 17% of sales, Nintendo DS games made up 16%, Nintendo Wii titles made up 13%, and PSP game sales trailed at 11%.

Ubisoft also detailed a planned expansion of the company's Moroccan studio in the report. The company hopes to bring 150 new employees on board at the studio by 2010.

Carlos Bergfeld

Filed Under

From The Chatty

Refresh Go To Thread

Fail_Safe

 reply
July 25, 2007 1:05 PM

I kind of saw this delay coming.

Ubisoft does this a lot when they don't want the games to be released with too much competition, including their own. This Fall and Winter is going to be packed with games.