Electronic Arts reports Q2 FY17 financial results
63% of total net revenue this quarter was digital
Electronic Arts has announced its financial results for the second fiscal quarter ended September 30, 2016.
For the quarter, net revenue was $898 million. Of the total net revenue 63%, or $566 million, was digital. Net sales of $4.507 billion for the trailing twelve-month period are up 8% year-over-year.
Battlefield 1 total player base for the first week was nearly double that of Battlefield 4, and it continues to grow. In the first week of FIFA 17, 20% more players were engaged in the game compared to the first week of FIFA 16 and nearly 2/3 of all FIFA 17 players have checked out “The Journey” story mode.
Net sales from FIFA, Madden NFL and Hockey Ultimate Team are collectively up 15% for the trailing twelve-months compared to last year.
The expectations for Third Quarter Fiscal Year 2017 - ending December 31, 2016 - are said to be a net revenue of approximately $1.125 billion. This is due to high profile releases of Battlefield 1, Titanfall 2, and continued growth of sports franchises.
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