EA Financials - Battlefront Sequel Revealed

Electronic Arts Reports Q4 FY16 and Full Year FY16 Financial Results, showing better than expected earnings, partly based on Star Wars Battlefront selling more than 14 million units. According to Eurogamer the earning conference call with investors revealed a new installment in the Star Wars Battlefront series from Visceral, most likely in 2018, and they note power point-style version of the report shows Titanfall 2 with a fiscal Q3 2017 release window, which is Q4 2016 on normal calendars. Here's more on their earnings:

  • For fiscal year 2016, GAAP net revenue was $4.396 billion of which 55% or $2.409 billion was digital, gross margin was 69.2%, operating margin was 20.4%, and GAAP diluted earnings per share was $3.50. During fiscal 2016, EA recorded a $453 million credit related to the reversal of a valuation allowance reserve on certain deferred tax assets. This credit increased our diluted GAAP earnings per share for fiscal 2016 by $1.37 per share to $3.50, but had no effect on non-GAAP earnings or cash flow.
  • For fiscal year 2016, non-GAAP net revenue was $4.566 billion of which 55% or $2.531 billion was digital, non-GAAP gross margin was 71.4%, non-GAAP operating margin was 28.5%, non-GAAP diluted earnings per share was $3.14 and operating cash flow was $1.223 billion. All of these are fiscal year records.
  • For the quarter, non-GAAP net revenue of $924 million was above guidance of $875 million. Diluted non-GAAP earnings per share of $0.50 was above guidance of $0.40.
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Re: EA Financials - Battlefront Sequel Revealed
May 11, 2016, 00:14
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Re: EA Financials - Battlefront Sequel Revealed May 11, 2016, 00:14
May 11, 2016, 00:14
 
It was a lot of fun for a few hours. I haven't touched it since i Rented it though. Looked pretty pixelated on the Xbox one. All they had to do was follow the already proven Battlefield formula, and it would have been a way better game. The Arcadeyness made it easy to pick up and even easier to put down
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