informa
1 MIN READ
News

FIFA & Madden drive a strong Q2 for EA ahead of Battlefield V

The company chalks its recent good fortunes up to strong revenues generated by its EA Sports games, most notably Madden 19 and FIFA 19.

Electronic Arts published its latest earnings report today, and while both revenues and profits were up year-over-year, lower-than-expected forecasts for next quarter -- the big holiday quarter -- seem to have driven EA's stock price down.

EA reportedly earned $255 million in profits on $1.28 billion in revenues generated during its second quarter, which encompasses the three months prior to September 30th.

That seems quite a bit better than the same period last year, when EA lost $22 million on $959 million in revenues. 

The company chalks its recent good fortunes up to strong revenues generated by its EA Sports games, most notably Madden 19 and FIFA 19 (pictured).

Looking ahead, EA predicts it will bring in ~$1.73 billion in revenues next quarter (which will see it launching Battlefield V), which apparently is a bit less than the $2 billion expected by investors. All told, EA expects to earn nearly a billion dollars in profit (~$962 million) on ~$5.15 billion in revenues generated during its current fiscal year, which ends March 31st.

 

Latest Jobs

Manticore Games

San Mateo, California
8.23.22
Senior Software Engineer - Mobile

Sony PlayStation

San Diego, California
6.23.22
Sr. Online Programmer

The Walt Disney Company

Glendale, California
8.1.22
Associate Marketing Manager - Walt Disney Games

Insomniac Games

Burbank, California
8.26.22
Accessibility Design Researcher
More Jobs   

CONNECT WITH US

Explore the
Subscribe to
Follow us

Game Developer Job Board

Game Developer Newsletter

@gamedevdotcom

Explore the

Game Developer Job Board

Browse open positions across the game industry or recruit new talent for your studio

Browse
Subscribe to

Game Developer Newsletter

Get daily Game Developer top stories every morning straight into your inbox

Subscribe
Follow us

@gamedevdotcom

Follow us @gamedevdotcom to stay up-to-date with the latest news & insider information about events & more