Electronic Arts Reports Q3 FY16 Financial Results with loads of big numbers
representing EA's success for the quarter. Here are some fiscal and operational
highlights:
Selected Operating Highlights and Metrics:
- EA is the #1 publisher on PlayStation®4 and Xbox
One consoles in the Western World for calendar year 2015 based on available
sources and EA estimates.
- Madden NFL 16 was the #1 sports title in the U.S.
and FIFA 16 was the #1 title across all genres in Europe for calendar year
2015.
- The return of Need for Speed™ drew more than twice
as many monthly active players in Q3 than the previous game.
- Players logged more than 150 million hours of
gameplay across Battlefield 4™ and Battlefield™ Hardline in Q3.
- In Q3, STAR WARS™: The Old Republic grew to its
highest subscriber level in nearly three years.
- Madden NFL Mobile monthly active players were up
nearly 50% year-over-year in Q3.
Selected Financial Highlights:
- For the quarter, non-GAAP net revenue of $1.803
billion was above guidance of $1.775 billion. Diluted non-GAAP EPS of $1.83
was above guidance of $1.75. And operating cash flow of $889 million was a
record for any quarter in EA history.
- STAR WARS™ Battlefront surpassed EA’s fiscal year
guidance of 13 million units sold-in.
- Non-GAAP net revenue for EA’s FIFA, Madden NFL and
Hockey Ultimate Team™ live services continue to perform well in Q3,
collectively up 13% year-over-year and up 22% on a constant currency basis.
- EA repurchased 1.8 million shares in Q3 for $126
million.
- On a trailing twelve month basis, EA had non-GAAP
net revenue of $4.538 billion (of which a record $2.421 billion was
digital), non-GAAP net income of $982 million and operating cash flow of
$1.025 billion.
- EA increased fiscal 2016 non-GAAP net revenue
guidance to $4.517 billion and diluted non-GAAP EPS guidance to $3.04 per
share. This is an increase from our previous guidance of $4.500 billion and
$3.00, respectively.