EA Financials [Oct 31, 2017, 5:18 pm ET] – Share – Viewing Comments
Electronic Arts Reports Q2 FY18 Financial Results. "It was a strong second
quarter for Electronic Arts, with players around the world captivated by our new
EA SPORTS titles, top-performing mobile games, and expanding esports
competitions," says Chief Executive Officer Andrew Wilson. "The digital
transformation is accelerating across our industry, and we are well-positioned
for continued growth with more stunning new titles, thriving event-driven live
services including competitive gaming, and continuing innovation for our players
on all platforms." Here are some points they highlight:
Selected Operating Highlights and Metrics
- Digital net bookings* for the trailing twelve months was $3.240 billion, up 26% year-over-year, and now represents 63% of total net bookings for the same period.
- More than 50% of Madden NFL 18 players engaged in the “Longshot” story mode through Q2 and Madden Ultimate Team™ players are up 25% year-over-year.
- FIFA Mobile unique player base grew to more than 113 million.
- The BattlefieldTM 1 community grew to more than 23.5 million players worldwide.
- Monthly active players for The SimsTM 4 on PC increased more than 40% year-over-year.
* Net bookings, previously referred to as net sales, is defined as the net amount of products and services sold digitally or sold-in physically in the period. Net bookings is calculated by adding total net revenue to the change in deferred net revenue for online-enabled games.
Selected Financial Highlights and Metrics
All financial measures are presented on a GAAP basis.
- Net cash provided by operating activities was $52 million.
- Net cash provided by operating activities for the trailing twelve months was $1.802 billion, a record measured at the end of the second quarter.
- In Q2, EA repurchased 1.3 million shares for $153 million.
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Mordecai Walfish wrote on Oct 31, 2017, 23:56:Jerykk wrote on Oct 31, 2017, 22:23:
BF1 sold 23 million copies? Or am I just misinterpreting that statement?
Sounds about right, including PC, PS4 and XB1 sales. Battlefield games are generally solid performers on any platforms they are released on.
23 million is more than just solid. I have a feeling they're including people who just played the beta/demo or played the game on Origin Access.
Redmask wrote on Nov 1, 2017, 06:18:Jerykk wrote on Oct 31, 2017, 22:23:
BF1 sold 23 million copies? Or am I just misinterpreting that statement?
The community grew, whatever that means. That's the wonderful thing about press releases, creative language is so much fun.
Everyone focusing on BF1, how about that BS with Madden. People get more people buying and by how many. But 50% engaged in Longshot story mode? GTFO.
Jerykk wrote on Oct 31, 2017, 22:23:
BF1 sold 23 million copies? Or am I just misinterpreting that statement?
The community grew, whatever that means. That's the wonderful thing about press releases, creative language is so much fun.
EA is the first publisher i hope goes into the ground.
Slick wrote on Oct 31, 2017, 22:42:Jerykk wrote on Oct 31, 2017, 22:23:
BF1 sold 23 million copies? Or am I just misinterpreting that statement?
Who the fuck knows, they could be including people who participated in the beta and didn't buy retail, or people who did the 10-hour Access trial thingy.
I wouldn't be surprised if it was the best selling Battlefield game though, back in the BF2 days I was just counting the days until the majority of FPS gamers saw how much more fun this franchise is than something like CoD. The numbers tend to reflect this trend.
BF games tend to get heavily discounted pretty quickly. That's got to result in more sales, even if it doesn't produce more revenue.
If Russia stops fighting, the war ends. If Ukraine stops fighting, Ukraine ends. Slava Ukraini!
Jerykk wrote on Oct 31, 2017, 22:23:
BF1 sold 23 million copies? Or am I just misinterpreting that statement?
Sounds about right, including PC, PS4 and XB1 sales. Battlefield games are generally solid performers on any platforms they are released on.
Jerykk wrote on Oct 31, 2017, 22:23:
BF1 sold 23 million copies? Or am I just misinterpreting that statement?
Who the fuck knows, they could be including people who participated in the beta and didn't buy retail, or people who did the 10-hour Access trial thingy.
I wouldn't be surprised if it was the best selling Battlefield game though, back in the BF2 days I was just counting the days until the majority of FPS gamers saw how much more fun this franchise is than something like CoD. The numbers tend to reflect this trend.
BF1 sold 23 million copies? Or am I just misinterpreting that statement?
Ugh, tax breaks in Montreal, my city. The city's infrastructure is falling apart, it's insane. A new car will last about 1.5-2 years on these roads before needing new shocks and possible axles. But they're giving it away to shit like game studios... when they're not being shaken down by the mob...
RedEye9 wrote on Oct 31, 2017, 19:15:DangerDog wrote on Oct 31, 2017, 17:45:Visceral was not even a rounding error.
Closing of Visceral Studios should have made the highlights, something like $15,000 a month per employee no longer being flushed down the toilet.
They were shuttered because making games elsewhere is cheaper, tax breaks in Montreal for example.
Sure not the only reason, but it's high on the list.
DangerDog wrote on Oct 31, 2017, 17:45:Visceral was not even a rounding error.
Closing of Visceral Studios should have made the highlights, something like $15,000 a month per employee no longer being flushed down the toilet.
“We’ve arranged a society on science and technology in which nobody understands anything about science and technology, and this combustible mixture of ignorance and power sooner or later is going to blow up in our faces." Carl Sagan
Closing of Visceral Studios should have made the highlights, something like $15,000 a month per employee no longer being flushed down the toilet.
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