Ubisoft’s Q1 2010-11 financial report overview

Today Ubisoft announced the results of its first 2010-2011 financial quarter. Overall the company earned €160 million ($200 million) in its first quarter. Ubisoft saw a 93% increase in revenue compared to its first quarter in 2009. This is partly due to the success of Splinter Cell Conviction which sold 1.9 million units. Older games such as Assassin’s Creed 2, Just Dance and AVATAR also maintained decent sales throughout the quarter.

Ubisoft highlights H.A.W.X. 2 and R.U.S.E. lined up for its second quarter of 2010-11. Other games expected to be released this year are Michael Jackson: The Experience, Just Dance 2 and Your Shape: Fitness Evolved. Ubisoft hopes to earn approximately €83 million ($104 million) in its second quarter.

Now its time for the bad news. Ubisoft is pushing back the release of Driver: San Francisco to 2011. Ubisoft cites a “competitive market at Christmas” as the reason behind the delay.

Ubisoft will announce the full sales figures for its first quarter on July 22, 2010.

Via [Ubisoft] Read [GamePro]