May 7, 2019
103 Views
Comments Off on EA Releases Financial Results for First Fiscal Quarter of 2019
0 0

EA Releases Financial Results for First Fiscal Quarter of 2019

Written by

EA has released their financial results for the first quarter of 2019 and the last quarter of their fiscal year, revealing a slight increase in overall sales despite a decline in base profits overall.

Released on May 7, the results came with a mix of highs and lows. In terms of highs, EA saw a slight increase of 5 percent in overall combined digital and retail sales for the three month period.

The period coincided with several high-profile releases from the company including live service titles like Anthem and Apex Legends, as well as the release of Battlefield V’s battle royale mode Firestorm.

“We ended our fiscal year with strong growth, driven by our live services business which continued to provide a very large, stable and profitable source of net bookings,” COO and CFO Blake…


Continue reading at Twinfinite

Article Tags:
Article Categories:
News

Comments are closed.