Electronic Arts reports Q1 FY17 financial results
Strong quarter with 83% of net revenue coming from digital channels
Electronic Arts has announced preliminary financial results for its first fiscal quarter ended June 30, 2016.
For the quarter, net revenue of $682 million was above expected $640 million. Of the total net revenue, 83% or $568 million, was digital.
The Battlefield franchise, led by Battlefield 4, had more than 11.5 million unique players during Q1. Star Wars Battlefront had more than 6.6 million unique players in Q1.
Madden NFL 16 unique players increased more than 20% year-over-year during Q1. The EA Access program subscriber base more than doubled year-over-year in Q1.
For the current quarter, ending September 2016, net revenue is expected to be approximately $915 million.
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