Ubisoft Posts Strong Earnings

Ubisoft just released its financials report for the quarter ending June 30, posting gains of $27.2 percent over last year. The company credits a couple of recent hits for the increase.

Ghost Recon: Future Solider marked the long-awaited return of the popular franchise, and so far fans have embraced the game. Ubisoft characterized sales of the title as "higher than expected." The company also noted the success of Trials Evolution, which sold over 100,000 copies in a day on Xbox Live Arcade, setting a new record.

However, it cautioned that it might not match 2011's numbers in the next quarter, due to the surprisingly strong sales of last year's Drive: San Francisco. Still, with games like Just Dance 4 and Assassin's Creed III still slated to release in 2012, the company should have a very good holiday season.

Source: Ubisoft