EA Financials

Electronic Arts Reports Q2 FY20 Financial Results, saying the figures they provide are "preliminary." This includes an updated business outlook and the "impact of certain tax matters" on their bottom line. The numbers in these reports make one's head spin, so speaking of spin, we'll just look at what they have to say about the quarter:
“It was an excellent second quarter for Electronic Arts. Our new EA SPORTS titles are thrilling core fans and bringing in new players, and our ongoing live services are growing with deeply-engaged communities,” said CEO Andrew Wilson. “With new games like Star Wars Jedi: Fallen Order, Need for Speed, Plants vs. Zombies and more great content across our top franchises, we’re set to deliver a lot of fun and excitement to players this holiday season, and continue our momentum in this fiscal year.”

“The strong results this quarter illustrate the power of our live services and our core franchises. Strength in Ultimate Team, The Sims 4 and FIFA Online drove live services performance above our expectations,” said COO and CFO Blake Jorgensen. “Looking ahead, we are doubling down on live services combined with our core franchises. We’re investing in games that people play for longer and engage with much more deeply. This focus will continue to drive growth and profitability for the company through the remainder of this year and beyond.”

News and ongoing updates regarding EA and its games are available on EA’s blog at www.ea.com/news.

Selected Operating Highlights and Metrics

  • Digital net bookings* for the trailing twelve months was a record $3.883 billion, up 8% year-over-year and represents 78% of total net bookings.
  • The number of FIFA Ultimate Team™ unique players increased 22% year-over-year.
  • The number of Madden Ultimate Team™ unique players increased 19% year-over-year.
  • Apex Legends™ has had 70 million players life to date.
  • The Sims™ 4 monthly average players are up more than 40% year-over-year.

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8.
 
Re: EA Financials
Oct 31, 2019, 12:07
8.
Re: EA Financials Oct 31, 2019, 12:07
Oct 31, 2019, 12:07
 
Congrat to EA, made many shitty games and still made billions... Setting great example for other "AAA" developer
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7.
 
Re: EA Financials
Oct 31, 2019, 09:22
Verno
 
7.
Re: EA Financials Oct 31, 2019, 09:22
Oct 31, 2019, 09:22
 Verno
 
If EA bought Star Citizen it would be to keep that money train going, there is zero incentive to ever finish it
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6.
 
Re: EA Financials
Oct 31, 2019, 03:06
6.
Re: EA Financials Oct 31, 2019, 03:06
Oct 31, 2019, 03:06
 
CJ_Parker wrote on Oct 30, 2019, 13:45:
Looking ahead, we are doubling down on live services combined with our core franchises. We’re investing in games that people play for longer and engage with much more deeply. This focus will continue to drive growth and profitability for the company through the remainder of this year and beyond.

Great fucking idea, EA, because this has worked so well for UbiSoft that they have now decided to delay a fuckton of such "engaging" games after The Division 2 and Breakpoint tanked hard.
Players really enjoy these pointless busywork games where every mission is split up into many, many boring mini-objectives (reach house, enter house, reach second floor, open the door, enter the room, kill shit) just to prolong "game" time. Can't wait!

jacobvandy wrote on Oct 30, 2019, 13:03:
The shell game continues... Numbers this quarter are inflated greatly (+$625 million) by that one-time "tax benefit" of their transferring assets to Switzerland.

That's why they have a section called "operating metric" in there where you can see what they have made from their actual business activities.

EA is doing very well. They repurchased over 3 million shares this quarter. The Switzerland transaction was obviously a very smart move. Even factoring out the Switzerland thing they expect to make north of $1bn profit this year from a total $5.1bn operating net revenue. Not bad at all. Looks like the "kids"(?) are loving their FIFA, Apex and Sims.
$1B in profit? Maybe they will buy Star Citizen, kick Roberts to the curb, finish the game, and release it.
To prevent CV-19, avoid the Serious Seven: weddings, funerals, faith-based activities, bars, gyms, house gatherings and other small events.
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5.
 
Re: EA Financials
Oct 30, 2019, 18:41
5.
Re: EA Financials Oct 30, 2019, 18:41
Oct 30, 2019, 18:41
 
I see they led with Anthem again. Take that kick to the side you mother fucker!
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4.
 
Re: EA Financials
Oct 30, 2019, 17:43
Kxmode
 
4.
Re: EA Financials Oct 30, 2019, 17:43
Oct 30, 2019, 17:43
 Kxmode
 
BIGtrouble77 wrote on Oct 30, 2019, 17:04:
Until EA brings the NHL series back to the PC, I have zero interest in any of their games.

Maybe on Steam.
"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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3.
 
Re: EA Financials
Oct 30, 2019, 17:04
3.
Re: EA Financials Oct 30, 2019, 17:04
Oct 30, 2019, 17:04
 
Until EA brings the NHL series back to the PC, I have zero interest in any of their games.
Avatar 20018
2.
 
Re: EA Financials
Oct 30, 2019, 13:45
2.
Re: EA Financials Oct 30, 2019, 13:45
Oct 30, 2019, 13:45
 
Looking ahead, we are doubling down on live services combined with our core franchises. We’re investing in games that people play for longer and engage with much more deeply. This focus will continue to drive growth and profitability for the company through the remainder of this year and beyond.

Great fucking idea, EA, because this has worked so well for UbiSoft that they have now decided to delay a fuckton of such "engaging" games after The Division 2 and Breakpoint tanked hard.
Players really enjoy these pointless busywork games where every mission is split up into many, many boring mini-objectives (reach house, enter house, reach second floor, open the door, enter the room, kill shit) just to prolong "game" time. Can't wait!

jacobvandy wrote on Oct 30, 2019, 13:03:
The shell game continues... Numbers this quarter are inflated greatly (+$625 million) by that one-time "tax benefit" of their transferring assets to Switzerland.

That's why they have a section called "operating metric" in there where you can see what they have made from their actual business activities.

EA is doing very well. They repurchased over 3 million shares this quarter. The Switzerland transaction was obviously a very smart move. Even factoring out the Switzerland thing they expect to make north of $1bn profit this year from a total $5.1bn operating net revenue. Not bad at all. Looks like the "kids"(?) are loving their FIFA, Apex and Sims.
1.
 
Re: EA Financials
Oct 30, 2019, 13:03
1.
Re: EA Financials Oct 30, 2019, 13:03
Oct 30, 2019, 13:03
 
The shell game continues... Numbers this quarter are inflated greatly (+$625 million) by that one-time "tax benefit" of their transferring assets to Switzerland.

This comment was edited on Oct 30, 2019, 13:18.
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