Home / Uncategorized / EA reports “strongest second quarter” in company history | Pocket Gamer.biz

EA reports “strongest second quarter” in company history | Pocket Gamer.biz

Electronic Arts announced its financial results for the second quarter of fiscal year 22 and said it was the strongest second quarter in company time.

For the quarter ended September 30, EA reported net sales of $ 1.83 billion, up 29 percent year over year.

Net bookings for the quarter had more than doubled from $ 910 million a year ago to hit $ 1.85 billion. Full game sales also doubled, reaching $ 617 million.

Mobile revenue was $ 251 million compared to $ 218 million in the first quarter of FY22.

The company found that 100 million players interacted with its EA Sports Football franchise across all platforms and that Star Wars: Galaxy of Heroes had passed the 100 million lifetime player milestone.

High quality quarterly publications

“This was the strongest second quarter in Electronic Arts history, with more players around the world joining and participating in our leading franchises, new launches and live services,” said EA CEO Andrew Wilson.

“Thanks to our incredibly talented teams, we’re excited to bring even more great experiences this holiday season, connecting hundreds of millions of players around the world through our EA Sports games, Apex Legends, Battlefield 2042 and more.”

For the third quarter, the company is forecast to have net sales of $ 1.75 billion, up 5 percent year over year, and net bookings are projected to reach $ 2.63 billion, up 10 percent.

Additionally, EA predicts net income of $ 5 million, a tiny fraction of $ 211 million last year.

The company has increased its full year net sales guidance from $ 6.85 billion to over $ 6.92 billion, with net income guidance increasing from $ 456 million to $ 583 million.

We recently spoke with Playdemic CEO Paul Gouge and EA Mobile SVP Jeff Karp about how EA’s acquisition of Playdemic will accelerate the company’s future mobile success.

.

About megamaster

Check Also

Fortnite x Jordan New Collab – Leaked Skins, Emote and Free Spray

This is what the new skins for the Fortnite x Jordan collaboration look like and …

Leave a Reply

Your email address will not be published. Required fields are marked *