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EA publishes Financial Results of last quarter and fiscal year

EA's Financial Results Revealed

EA publishes Financial Results of last quarter and fiscal year

EA publishes Financial Results of last quarter and fiscal year

 

Electronic Arts has published its financial results for the fourth quarter of their fiscal year, which ended on March 31st. EA reports that the company's revenue and profit are growing on a yearly basis. Their digital sales are doing very well too.

For this quarter, EA made $896 million total net revenue, which is about £588 million. This is a decrease of $18 million compared to this quarter last year. However, EA did point out that the company's guidance was $830 million. Their profit 'slightly' decreased too at $125 million. In the final quarter of the fiscal year 2014, EA made a profit of $152 million.

 

EA publishes Financial Results of last quarter and fiscal year

 

The company's total net revenue over the fiscal year posted $4.319 billion, which is an increase of $298 million last fiscal year. Notably, more than half of the total net revenue came from digital sales at $2.230 billion. Net income increased with more than 50% at $806 million compared to $534 million last year. Mobile revenue set a new record too, at $524 million.

Alongside the company's revenue, EA also published an interesting infographic with game statistics from January through March 2015. It reveals that people have played over 2 billion minutes of Battlefield Hardline, 3.4 million dragons have been slain in Dragon Age: Inquisition, 13 billion hours of Fifa 15 have been played and 26.8 million Sims haven been created in the Sims 4. All that in just three months. You can read the full infographic here. Unfortunately, there's no info on how many copies each video game sold.

 

EA publishes Financial Results of last quarter and fiscal year

 

EA anticipates a record total revenue of $4.4 billion in the coming fiscal year. What do you think? Is this expectation too optimistic? Let us know.

 

Join the discussion on EA's financial results on the OC3D Forums

 

 

 

Electronic Arts has published its financial results for the fourth quarter of their fiscal year, which ended on March...

Posted by OC3D on Wednesday, 6 May 2015
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Most Recent Comments

06-05-2015, 12:49:05

Silver Sparrow
Just being nitpicky here but $896 mill is not £806 mill its £588 mill (xe.com).

Other than that well done EA I suppose.Quote

06-05-2015, 12:55:29

Ctrlaltdenied
I have always hated EA, they have a habit of killing off games I loved... Silent Death Online for one.Quote

06-05-2015, 14:01:32

AverageNinja
Quote:
Originally Posted by Silver Sparrow View Post
Just being nitpicky here but $896 mill is not £806 mill its £588 mill (xe.com).

Other than that well done EA I suppose.
Whoops, that was a dumb mistake. Thanks dude! Quote
Reply
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