RSS Feeds NGN on Facebook NGN on Twitter NGN on YouTube
Welcome, Guest. Login | Register | PW? ]
Header logo
  1. Index
  2. » News

Electronic Arts reports Q3 FY20 Financial Results

New Battlefield game confirmed, as digital sales reach 77% of all revenue

Posted on

Electronic Arts has announced preliminary financial results for its third fiscal quarter ended December 31, 2019.

“It was an excellent third quarter, with our new games and live services delighting more players around the world,” said CEO Andrew Wilson. “We expect live services to continue to drive growth in fiscal 2021 and for growth to accelerate in fiscal 2022, led by a new Battlefield.”

Digital net bookings for the trailing twelve months was $4.128 billion, up 15% year-over-year and now represents 77% of total net bookings for the publisher. During the quarter, EA launched Plants vs. Zombies: Battle for Neighborville, Need for Speed Heat and Star Wars Jedi: Fallen Order. FIFA Ultimate Team matches were up nearly 40% year-over-year from launch through Q3. During the quarter, The Sims 4 surpassed 20 million unique players worldwide life-to-date.

Net cash from operating activities was $1.104 billion for the quarter and a record $1.898 billion for the trailing twelve months.

For fiscal Year 2020, ending March 31, 2020, the publisher expects net revenue to be approximately $5.475 billion.

Need for speed heat

Comments
blog comments powered by Disqus
Screens







Online
There is currently 1 member and 124 guests on the website right now.
Who's On?
Activity in the past 10 minutes:
Best News this Month
Riders Republic announced
New multiplayer extreme sports game coming next year

Posted 14 days ago
Free Games with Gold for September 2020
Action, shooting, and platforming offered next month
28 days ago
The Witcher 3: Wild Hunt coming to next-gen consoles
PS5 and Xbox Series X versions are in development
20 days ago
World of Warcraft: Shadowlands launches in October
The next expansion for MMO will be available this Fall
28 days ago
Iron Harvest out now
New strategy game set in 1920 is released
23 days ago
Latest Comments
Crusader Kings III Review
Sep 24, 2020 by dapperr
i never get into these grand strategy games.... but this...
Microsoft to acquire Bethesda Softworks
Sep 21, 2020 by JamesJay
incredible stuff
Microsoft to acquire Bethesda Softworks
Sep 21, 2020 by Red Lantern's Rage
on one side I hope this falls through but o the other...
Microsoft to acquire Bethesda Softworks
Sep 21, 2020 by jxvg
what can i say other than OH my WORD
Deep Rock Galactic Review
Sep 21, 2020 by C
Great review!
New Game Network NGN Facebook NGN Twitter NGN Youtube NGN RSS