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Ubisoft fiscal Q1 sales up 94% over last year

Ubisoft has released a preliminary report on its fiscal first quarter, which ended June 30, revealing that software sales totaled €161 million ($207.8M). The company recorded a 94 percent revenue increase over the same period last year thanks to sustained sales of Assassin's Creed 2, Just Dance and Avatar. The company also reported "solid performance" from Splinter Cell: Conviction and shipped 1.9 million units of the game during the quarter. Ubisoft will reveal actual profit (or loss) figures for the quarter at a later date.

The company expects sales in the second quarter, which concludes at the end of September, to be flat year-over-year at an estimated €83 million ($107M). The company's Q2 releases are "highlighted" by plans to ship HAWX 2, Racquet Sports and R.U.S.E. -- although the strategy game has been known to live up to its name when it comes to sticking to a release date.