At the moment Digital Arts launched its monetary outcomes for the second quarter of the fiscal yr 2021, associated to the interval between July 1 and September 30, 2020.
Firstly, the accompanying press launch contains statements from Chief Government Officer Andrew Wilson and Chief Working and Monetary Officer Blake Jorgensen.
Wilson boasts “important development” for EA’s enterprise and predicts additional growth into the following fiscal yr and past.
“Because of the unbelievable work of our groups and all the things they proceed to do for gamers whereas working from house, we’re delivering extra fan-favorite video games, rising our main stay providers, and interesting extra gamers throughout extra platforms than ever earlier than.
Our enterprise has grown considerably this yr, and we’re projecting continued growth into FY22 and past.”
Jorgensen mentions that the outcomes for this quarter had been effectively above predictions, additionally mentioning that Apex Legends is anticipated to grow to be a billion-dollar franchise by the tip of the yr.
“We delivered 1 / 4 effectively above our steering, pushed by our stay providers, significantly Madden and FIFA. This resulted in a brand new report trailing twelve-month money move of $2.04 billion. We’re happy to announce a brand new share repurchase program and likewise to provoke a dividend for the primary time in EA historical past.
We’re on observe to ship robust development this yr and anticipate continued development in fiscal 2022 and within the years to return. Apex Legends is on observe to grow to be our newest billion-dollar franchise by the tip of the fiscal yr. All of our studios proceed to execute amazingly effectively and have enabled us to launch an industry-leading eight video games for the reason that starting of the fiscal yr, whereas persevering with to ship stay providers content material and broaden onto new platforms.”
We additionally get a lot of highlights of the writer’s efficiency and monetary metrics together with EA Play subscribers and up to date participant numbers for FIFA 20.
- Internet bookings for the trailing twelve months was $5.577 billion, up 8% year-over-year.
- Launched EA SPORTS UFC 4, Madden NFL 21, Rocket Enviornment, and Star Wars: Squadrons throughout the quarter.
- Madden NFL 21 has almost 30% extra gamers year-over-year.
- Life to this point, FIFA 20 has reached almost 35 million gamers on console and PC.
- EA Play now has greater than 6.5 million paid subscribers.
- In the course of the fiscal yr, EA launched greater than 125 video games and content material packs on the Steam platform.
Beneath you possibly can see a desk summarizing the most recent monetary statistics.
In the event you’d like to check, you possibly can try the outcomes for the earlier quarter, which had been disclosed in July.