As well as this very good start to the fiscal year, the positive reception for our games at E3 has confirmed our full-year expectations. Our first-quarter net bookings came in well above target, thanks to the very robust performance of our games ‒ notably Rainbow: Six Siege and Assassin’s Creed: Odyssey ‒ and a very strong increase in player recurring investment for PCs and consoles, led by record-high engagement levels per player. Ubisoft cofounder and chief executive officer Yves Guillemot commented on the quarter and the company’s future in a press release: Rainbow Six: Siege, which came out back in 2015, had better player engagement this quarter than during the same period last year. Assassin’s Creed: Odyssey (which released on October 5, 2018) is performing better than its predecessor, Assassin’s Creed: Origins, in daily player engagement and sales compared to this same point in their lives. Instead, Ubisoft’s back-catalog helps the company beat its target.
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