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EA Financials

Electronic Arts Reports Q1 FY16 Financial Results, raising their full year guidance after surpassing expectations for the quarter. They offer these highlights:

Selected Operating Highlights and Metrics:

  • At E3, EA titles earned 132 awards including four of the 2015 E3 Game Critic Awards: Star Wars™ Battlefront™ for Best Action Game and Best Online Multiplayer, Need for Speed™ for Best Racing Game and EA SPORTS™ FIFA 16 for Best Sports Game.
  • Trailers, gameplay and livestreams of EA's games were viewed over 53 million times throughout the week of E3.
  • Players in Battlefield 4™ and Battlefield™ Hardline logged more than 170 million online gameplay hours combined in Q1.
  • Monthly active users for EA’s mobile titles averaged more than 150 million in Q1.
  • More than 16 million matches of FIFA 15 were played on average per day in Q1.

Selected Financial Highlights:

  • For the quarter, non-GAAP net revenue of $693 million was above our guidance of $640 million. Diluted non-GAAP EPS of $0.15 was above our guidance of $0.00.
  • EA increased fiscal 2016 non-GAAP net revenue guidance by $50 million to $4.450 billion and diluted non-GAAP EPS guidance by $0.10 to $2.85 per share.
  • Operating cash flow of $992 million was a record high for any trailing twelve month Q1 period.
  • EA repurchased 2.2 million shares in Q1 for $132 million.

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