Ubisoft’s sales are down significantly, but the company is looking at the good side moving forward. The publisher’s net bookings reached €1.117 billion ($1.226 billion) for the first nine months of the fiscal year – that’s down 17.4% year-over-year.
Games like Tom Clancy’s Ghost Recon: Breakpoint have struggles and brought down Ubisoft’s performance, but the company is seeing growth in digital sales. This is especially true for its PC gaming platform Uplay, which now represents 40% of Ubisoft’s net bookings on PC.
Revenue on Uplay grew 73% in the nine-month period ending December 31 compared to the same time-frame in the previous year. This growth is due to players continuing to show up for ongoing hits like Rainbow Six: Siege and Assassin’s Creed: Odyssey. Ubisoft continued to support both games with regular updates, and that kept the publisher’s monthly active players at a consistent level despite no major new releases in the quarter, well, apart from releasing Just Dance 2020.
Following disappointing sales for Breakpoint, Ubisoft delayed several key games. It pushed back Gods & Monsters, Rainbow Six: Quarantine, and Watch Dogs: Legion. This also forced the publisher to revise down its current fiscal-year earnings outlook.