Electronic Arts reports FY18 financial results
Digital net income was $3.538 billion for fiscal 2018, up 17% year-over-year
Electronic Arts Inc. has announced preliminary financial results for its fiscal year ended March 31, 2018.
Net cash provided by operating activities was $615 million for the fourth quarter and $1.692 billion for the fiscal year.
Digital net bookings (net amount of products and services sold digitally or sold-in physically in the period) was $3.538 billion for fiscal 2018, up 17% year-over-year and represents 68% of total net bookings.
The EA SPORTS franchises grew to nearly 90 million players on current generation consoles life to date. Nearly 18 million players engaged in competitive gaming across FIFA 18 and Madden NFL 18, up more than 75% year-over-year.
The Battlefield community, across current generation consoles and PC HD, now has more than 54 million players life to date. The Sims community had more than 80 million Sims players across PC and mobile in fiscal 2018.
For Fiscal Year 2019, ending March 31, 2019, the publisher expects net revenue of approximately $5.600 billion. Net income is expected to be approximately $1.108 billion.
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