Ubisoft Q3 Sales Top $650 Million

Despite the rough world economy and word of layoffs and restructuring from different game companies, it looks like not everyone has been hurting after all. Reporting to investors on its third quarter earnings, Ubisoft announced that its earnings have actually gone up by about 13 percent over the same quarter last year, raking in a total of about $658 million USD in sales .

Talking to MCV about the news, Ubisoft CEO Yves Guillemot said, “I think everyone was holding their breath a little going into the holiday season but in the end the video game industry did well, showing software sales growth in the UK of 23 per cent and consoles sales growth of 14 per cent and that is good news. At Ubisoft, we were confident that we had a line-up that offered games of quality to a diverse audience.”

The company’s solid performance was primarily credited to the success of new additions to the company’s different franchises, such as Rayman Raving Rabbids TV Party, Far Cry 2, and Prince of Persia. Also, Ubi announced that Shaun White Snowboarding was the number two sports game in the United States for the quarter, with 2.3 million units selling worldwide.