07/10/2024
Ubisoft touts 'solid' early 2024 financials, thanks xDefiant and reliable franchises
Ubisoft posted its financials for the first quarter of the 2024-2025 fiscal year, and the French developer is pleased with its performance in several areas.
Net bookings for the quarter (which ended on June 30, 2024) hit €290 million (or $316.5 million). Not only is it up 8.3 percent from the same quarter for 2023-2024, it's also 5.5 percent ahead of the initial target of about €275 million.
xDefiant, the studio's new shooter which released back in May, was singled out for its "encouraging" start. The game amassed over 10 million players in the first two weeks, and has generally outperformed expectations and "strong" average revenue per day.