Electronic Arts Reports Q2 FY19 Financial Results
with their preliminary
report for the period ending September 30th. "It was a strong second quarter, as
we entertained players with four high-quality new EA SPORTS games, hundreds of
content updates in our live services, and esports programs that reached record
viewership," said CEO Andrew Wilson. "We’re incredibly excited to bring
innovative new games like Battlefield V and Command & Conquer: Rivals to our
players this holiday season, and launch our breakthrough new IP Anthem in
February. We’re set to deliver some amazing new ways to play and compete through
the rest of this fiscal year and beyond." We're locked and loaded with some
Selected Operating Highlights and Metrics
- Digital net bookings* for the trailing twelve
months was a record $3.608 billion, up 11% year-over-year and represents 69%
of total net bookings.
- FIFA Mobile daily active players grew 50%
- The FIFA eWorld Cup Final was record setting,
including a 4x increase in global viewership over last year, and more than
20 million players participating through the course of the FIFA 18 Global
- The Sims™ 4 community downloaded nearly 30 million
expansion packs life-to-date and monthly average players continue to grow
- FIFA 19 was critically-acclaimed as one of the
best, most innovative FIFA games in the franchise, and NHL 19 was the
highest-rated NHL game on current generation consoles.
* Net bookings 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 and, for periods after the fourth quarter of fiscal 2018,
mobile platform fees.
Selected Financial Highlights and Metrics
All financial measures are presented on a GAAP basis.
- Net cash from operating activities was $(126)
million for the quarter and $1.458 billion for the trailing twelve months.
- EA repurchased 2.3 million shares for $299 million
during the quarter and 7.2 million shares for $897 million during the
trailing twelve months.