EA Financials

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 bullet points:

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% year-over-year.
  • 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 Series.
  • The Sims™ 4 community downloaded nearly 30 million expansion packs life-to-date and monthly average players continue to grow year-over-year.
  • 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.

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7.
 
Re: Out of the Blue
Oct 31, 2018, 23:03
Kxmode
 
7.
Re: Out of the Blue Oct 31, 2018, 23:03
Oct 31, 2018, 23:03
 Kxmode
 
Redmask wrote on Oct 31, 2018, 07:37:
What does EA even do anymore beyond casualware garbage? They killed all of their meaningful franchises other than BF and they're probably well on the way to murdering that too.

Oh right Anthem, their Destiny clone that is 3 years too late to matter.

Their focus is to invest in studios developing mobile apps with the occasional big ticket item like Anthem. Of course, there's The Sims 4 for The United Kingdom!
"Hard times create strong men. Strong men create good times. Good times create weak men. And, weak men create hard times." - Those Who Remain by G. Michael Hopf
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6.
 
Re: EA Financials
Oct 31, 2018, 07:37
6.
Re: EA Financials Oct 31, 2018, 07:37
Oct 31, 2018, 07:37
 
What does EA even do anymore beyond casualware garbage? They killed all of their meaningful franchises other than BF and they're probably well on the way to murdering that too.

Oh right Anthem, their Destiny clone that is 3 years too late to matter.
Avatar 57682
5.
 
Re: EA Financials
Oct 31, 2018, 03:45
H@P
5.
Re: EA Financials Oct 31, 2018, 03:45
Oct 31, 2018, 03:45
H@P
 
Steele Johnson wrote on Oct 30, 2018, 21:51:
“NHL 19 was the highest-rated NHL game on current generation consoles.”

That’s not saying much. EA NHL has been horrible for at least the last 5 generations.

Not to mention it's the *only* NHL game on current generation consoles. Being the highest-rated NHL game isn't that impressive when there's no competition.
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4.
 
Re: EA Financials
Oct 31, 2018, 00:10
Kxmode
 
4.
Re: EA Financials Oct 31, 2018, 00:10
Oct 31, 2018, 00:10
 Kxmode
 
Command & Conquer: Rivals is a casual phone app. Is that what EA calls a success?

Not one mention of Star Wars; their flagship product. If I was an EA investor this would look like a failure to me painted over with flowery language.
"Hard times create strong men. Strong men create good times. Good times create weak men. And, weak men create hard times." - Those Who Remain by G. Michael Hopf
Avatar 18786
3.
 
Re: EA Financials
Oct 30, 2018, 21:51
3.
Re: EA Financials Oct 30, 2018, 21:51
Oct 30, 2018, 21:51
 
“NHL 19 was the highest-rated NHL game on current generation consoles.”

That’s not saying much. EA NHL has been horrible for at least the last 5 generations. One of the worst sports game series I’ve ever played. I’d rather play that old quirky big head game.
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2.
 
Re: EA Financials
Oct 30, 2018, 21:02
2.
Re: EA Financials Oct 30, 2018, 21:02
Oct 30, 2018, 21:02
 
Lootcrate++

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1.
 
Re: EA Financials
Oct 30, 2018, 20:46
1.
Re: EA Financials Oct 30, 2018, 20:46
Oct 30, 2018, 20:46
 
Haha income for PC is down 24% YoY (while conslows were up 54%) and the PC now only makes up for about 11% of their total revenue. Looks like their subscription service was a HUGE smashing success story so far. Good job, EA!
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