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
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
- The Sims™ 4 monthly average players are up more
than 40% year-over-year.