Electronic Arts Q2 FY13 financials show growth

Electronic Arts has announced preliminary financial results for its second fiscal quarter ended September 30, 2012.

“EA is performing well, once again beating street consensus in fiscal Q2,” said Chief Executive Officer John Riccitiello. “We delivered yet another quarter of sharp digital growth, with digital revenue up 40% compared to the same period last year. FIFA and Battlefield are the two biggest revenue events in our company’s history. Both are well on their way to becoming billion dollar annual franchises.”

FIFA 13 sold through 7.4 million units, excluding mobile downloads, in its first four weeks. FIFA digital net revenue generated over $115 million in the first half of fiscal 13. Battlefield 3 Premium service has sold over 2 million subscriptions to date.

Older releases continue to perform well, with Battlefield 3 and FIFA 12 together selling through nearly 4 million units in the first half of the fiscal year.

EA was the top publisher in the Western World in calendar year 2012 to date, with five of the top seven titles.