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Ubisoft sales dip in first half, but Q2 beat guidance handily

Ubisoft reported its first half sales results today, posting revenues down slightly but still handily beating its guidance issued after the first quarter thanks to back-catalog sales.

Despite the revenue dip and operating losses, Ubisoft was upbeat in reporting its first-half sales results for a handful of reasons.

On the revenue front, the single-digit dip was actually significantly better than Ubisoft had told investors to expect.

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source https://www.gamesindustry.biz/ubisoft-sales-dip-in-first-half-but-q2-beat-guidance-handily