Otherwise, Ubisoft didn't have much to get excited about during its first quarter. Revenue during the period fell to €103 million ($146 million), down 36.3 percent from the same period the year prior, when sales were fueled by the long-awaited release of Splinter Cell: Conviction. However, that performance still bested Ubisoft's guidance of €99 million ($140 million). As is customary for the company, net income (or loss) for the period was not disclosed.
The French publisher said that it saw an especially strong performance from its catalog of titles, where sales were up 84 percent year-over-year to €68 million ($96.6 million). Assassin's Creed: Brotherhood, which arrived for the Xbox 360, PlayStation 3, and PC in November 2010, sold particularly well, as did rhythm-game titles such as Just Dance and Michael Jackson The Experience.
Despite beating its own expectations for the first quarter, Ubisoft maintained its guidance for the full year. For the earnings period ending March 31, 2012, Ubisoft expects to earn between €1.04 billion ($1.48 billion) and €1.08 billion ($1.53 billion). Operating income is still expected to come in between €40 million ($56.8 million) and €60 million ($85.3 million).