EA Financials [Jul 30, 2020, 7:14 pm ET] – Share – Viewing Comments
Electronic Arts Reports Strong Q1 FY21 Financial Results. How strong? Glad
you asked. They say their net bookings for the trailing 12 months was almost six
billion dollars. "This was an extraordinary quarter, and we’re deeply proud of
everything our teams at Electronic Arts are doing for our players and
communities," said CEO Andrew Wilson. "We launched new games, deeply engaged
players in our live services, and welcomed tens of millions of new players to
our network. It was an unprecedented first quarter of growth in our business,
and we will continue building on that strength with more innovative experiences,
more groundbreaking content, and more ways to connect with friends and play
great games throughout the year." Here are some numbers:
Selected Operating Highlights and Metrics
- Net bookings* for the trailing twelve months was $5.980 billion, up 17% year-over-year.
- Launched Command & ConquerTM Remastered and Burnout ParadiseTM Remastered during the quarter.
- During the quarter, EA delivered over 30 new content updates, including two major game expansions, and more than 50 mobile updates.
- Launched nearly 30 titles on the Steam platform during the quarter.
- During the quarter, Apex LegendsTM launched Season 5 with engagement reaching its highest levels since Season 1.
- During the quarter, player acquisition for FIFA was up more than 100% year-over-year and up nearly 140% year-over-year in Madden NFL.
- Life to date, The Sims 4TM has more than 30 million players across all platforms; daily, weekly, and monthly active player totals reached record highs for a first quarter.
* 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.
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aka_STEVE wrote on Jul 31, 2020, 14:39:
Nary a word on their renewed expectations of income from ANTHEM GAAS....?
I mean they told us they were dedicated to fixing it, so why wouldn't it be expected to start generating some big,big revenues for them real soon ...? I would think the board wants to hear all about it ...
You jest, but I have no doubt EA is making dozens of dollars a year from Anthem.
Nary a word on their renewed expectations of income from ANTHEM GAAS....?
I mean they told us they were dedicated to fixing it, so why wouldn't it be expected to start generating some big,big revenues for them real soon ...? I would think the board wants to hear all about it ...
I mean they told us they were dedicated to fixing it, so why wouldn't it be expected to start generating some big,big revenues for them real soon ...? I would think the board wants to hear all about it ...
Dev wrote on Jul 31, 2020, 13:46:Definitely cute, but nothing will come of it. Pay and bonuses are built-in to the executives contracts.RedEye9 wrote on Jul 31, 2020, 11:10:Doesn't mean it's not true though.Slick wrote on Jul 30, 2020, 22:03:None of that was in the link blue posted.
Whatever, their executive bonuses are out of control. Glad to read that some shareholders are actually taking them to task for that shit.
A quick google results in this, where a shareholder was trying to do something this month.
https://www.thegamer.com/shareholder-ea-executives-overpaid/
"I expect death to be nothingness and by removing from me all possible fears of death, I am thankful to atheism." Isaac Asimov
RedEye9 wrote on Jul 31, 2020, 11:10:Doesn't mean it's not true though.Slick wrote on Jul 30, 2020, 22:03:None of that was in the link blue posted.
Whatever, their executive bonuses are out of control. Glad to read that some shareholders are actually taking them to task for that shit.
A quick google results in this, where a shareholder was trying to do something this month.
https://www.thegamer.com/shareholder-ea-executives-overpaid/
Slick wrote on Jul 30, 2020, 22:03:None of that was in the link blue posted.
Whatever, their executive bonuses are out of control. Glad to read that some shareholders are actually taking them to task for that shit.
"I expect death to be nothingness and by removing from me all possible fears of death, I am thankful to atheism." Isaac Asimov
[VG]Reagle wrote on Jul 30, 2020, 22:28:
So your saying you would give yourself a bigger bonus. You need to read animal farm.
Oh now slow down there pardner, I'm just a common plebeian. I'm saying that philosophically as the leader of anything, your job should be to enrich the thing you serve, not yourself. Rising tide lifts all boats and all that.
If I agreed with the idea of a publically traded company at all (I don't), then it would make sense to measure your worth by the worth of your company. Executive bonuses on-top of that is just perverse.
Reminds me of the real estate racket. Fuckers charge 6% of the sale price split between both firms. They couldn't care if your house goes for 500,000 or 510,000. They just want the commission on the sale. They aren't incentivized to get the best price for you.
These bonuses are so large they don't really care if they're doing long-term good or ill for the company, as their bonuses are worth 10x more than their salary. Have you seen the Matthew McConaughey scene of wolf of wall street?
Cutter wrote on Jul 30, 2020, 21:47:The Relentless wrote on Jul 30, 2020, 20:47:
Maybe putting their stuff back on Steam helped?
More like the planet stuck at home and looking for stuff to do. Gaming - not just video - has absolutely exploded during this pandemic.
As the saying goes, "don't let a pandemic go to waste."
"...and now with sports. The Cointen Spinky Whompers flumped the Floing Boing Welfencloppers, 70-fluff to 40-flabe. At the tone, the time will be 26 railroad."
EA: "We did it for the pickle! The pickle! The pickle! Mazel tov!"
Sorry, just saw the trailer for the funny "An American Pickle."
Sorry, just saw the trailer for the funny "An American Pickle."
"...and now with sports. The Cointen Spinky Whompers flumped the Floing Boing Welfencloppers, 70-fluff to 40-flabe. At the tone, the time will be 26 railroad."
So your saying you would give yourself a bigger bonus. You need to read animal farm.
DON'T LIKE MY COMMENTS?!? THEN STOP RELEASING GARBAGE.
Whatever, their executive bonuses are out of control. Glad to read that some shareholders are actually taking them to task for that shit.
If it was my company, I'd take my bonus and split half of it evenly amongst all my employees, the other half I've split again and give a 1/4 to charity, and keep 1/4 for myself. Make you workers happy, make the company prosper, do a little good, and I'd still be making millions, OH and maybe my company would perform better so all my stocks would actually rise and I'd actually get richer A-HYUK. Give me the fucking keys EA, pull over, you're too drive to drunk.
If it was my company, I'd take my bonus and split half of it evenly amongst all my employees, the other half I've split again and give a 1/4 to charity, and keep 1/4 for myself. Make you workers happy, make the company prosper, do a little good, and I'd still be making millions, OH and maybe my company would perform better so all my stocks would actually rise and I'd actually get richer A-HYUK. Give me the fucking keys EA, pull over, you're too drive to drunk.
The Relentless wrote on Jul 30, 2020, 20:47:
Maybe putting their stuff back on Steam helped?
More like the planet stuck at home and looking for stuff to do. Gaming - not just video - has absolutely exploded during this pandemic.
"There was no downside to cocaine. Period. If you have a chance to try it, I strongly recommend it." - Corey Wolfhart, Futureman
Maybe putting their stuff back on Steam helped?
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