Ubisoft Reports Smaller Six-Month Loss

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UbisoftUbisoft announced selected financial results for the six-month period ended September 30, 2011 (that is the first half of Ubisoft's fiscal year). Read on for more details...
For the six-month period ended September 30, 2011, Ubisoft reported a loss of €37.1 million (around $50 million), compared to a loss of €89.8 million in the same period the previous year. Essentially, Ubisoft emphasized the fact that it lost less money this year than last. Ubisoft attributed the lower loss to improved back-catalog sales and a reduction in development expenses (mostly due to the fact that the company released fewer high-definition games).

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This page contains a single entry by Editor published on November 8, 2011 10:37 AM.

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