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EA Financials

Electronic Arts Reports Q1 FY20 Financial Results. There are details on Game Informer from their post-earnings conference call saying Jedi: Fallen Order is still their planned big holiday release, and that they still plan an as-yet unnamed Need for Speed title (Need For Speed Heat?) coming to PC and consoles later this year. Here's a rundown on all the beans they have counted:

Electronic Arts Inc. (NASDAQ: EA) today announced preliminary financial results for its first fiscal quarter ended June 30, 2019.

“We had a strong start to FY20, bringing rich new experiences to our growing communities for Apex Legends, EA SPORTS, The Sims and more,” said CEO Andrew Wilson. “From great new games to live services with longevity, subscriptions on more platforms and competitive gaming for more franchises, we’re pushing to lead with innovation, quality and choice for our players.”

“We delivered operating results significantly above our expectations, driven by broad strength across our core franchises. This quarter shows how the power of our portfolio strategy, combined with live services, delivers strong results,” said COO and CFO Blake Jorgensen. “We believe we have the right ingredients in place to deliver fun for our players and success for our business.”

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 $3.730 billion, up 5% year-over-year and represents 76% of total net bookings.
  • During the quarter, FIFA Ultimate TeamTM had more than three million players logging in daily during the Team of the Season in-game event.
  • During the quarter, The Sims 4TM expansion packs and game pack downloads increased 55% year-over-year.
  • At quarter end, Star Wars TM: Galaxy of Heroes had nearly 80 million players life-to-date.
  • Season 2 in Apex Legends TM began on July 2.
  • On July 24, EA Access launched on PlayStation® 4.

* 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 mobile platform fees.

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