Electronic Arts reports
their preliminary Q1 FY2014 financial results,
reaffirming their forecasts for the year and offering the following summary of
the quarter: "For the quarter, non-GAAP net revenue of $495 million was above
our guidance of $450 million. Non-GAAP diluted loss per share of ($0.40) was
above our guidance of ($0.62)." Here's their list of highlights:
- EA was the #1 publisher in Western retail markets
in calendar year 2013, and the #1 global publisher in the iOS game market in
the June quarter.
- EA received 116 E3 awards from over 220 industry
nominations, including 8 out of 15 awards from the official E3 Game Critics.
Battlefield 4™ won a total of 21 awards at E3, including GameSpot’s Best of
E3 award, Need for Speed™ Rivals was named Best Racing Game, and NHL® 14
took the honors for Best Sports Game. Titanfall™ from Respawn Entertainment
won six major awards, including Best of Show, Best Original Game, Best
Console Game, Best PC Game, Best Action Game and Best Online Multiplayer.
- The Simpsons™: Tapped Out recorded its highest
revenue quarter* in Q1 since launching in August 2012.
- EA’s mobile and handheld digital revenue generated
$103 million* in the quarter, a 30% year-over-year increase in digital net
- Real Racing™ 3, the #1 racing title on iOS, has
generated more than 45 million downloads, and has averaged over 2 million
daily active users since launching in March.
- The Battlefield 3™ Premium community continues to
grow with over 4 million members to date.
- FIFA 13 digital net revenue topped $70 million* in
the quarter, a 92% increase versus FIFA 12 in Q1 FY 2013.
- FIFA Online 3 digital net revenue in grew 88%* in
the first quarter compared FIFA Online 2 in the prior year, and was the #1
online sports game in Korea based on revenue and traffic.
- EA signs publishing agreement with TenCent for
FIFA Online 3 in China, with details to be announced in an upcoming joint
press release from EA and TenCent.
- EA’s Origin™ platform for downloading digital
games has registered over 50 million users, including 22 million mobile
Trailing twelve-month non-GAAP digital net revenue was up 28% to a record