Saturday, May 9, 2015

EA's Announces Record Setting Performance

EA continued to set the pace as the most successful creators of sports games in the fiscal year 2015. EA’s EA_Earnings_InfographicQ12015[1]CFO Blake Jorgensen was “happy to announce” that EA had “exceeded our goals a full year ahead of schedule”.


Given the exponential growth of the gaming industry, especially in terms of in-game transactions, this is hardly a surprise but some of the figures are astonishing. In the fiscal year 2015, they had a net revenue of over $4 billion, of which over $2 billion was digital revenue. Also, between January and March 2015, over 13 billion hours of Fifa were played – that’s about 1.4 million years for anyone who was wondering, or the equivalent of 130 million people playing one hour per day. And that’s just Fifa.


So with EA having such a successful 2014-15, hopefully we will see some of these profits reinvested into the games to ensure they continue to satisfy the ever growing demand.


Quarter:


Non-GAAP Net Income: $125 million

GAAP Net Income: $395 million

Cash Flow: $198 million’


Year:


GAAP Net Revenue: $4,515 million

GAAP Net Income: $875 million

Non-GAAP Net Revenue: $4,319 million

Non-GAAP Net Income: $806 million

Operating Cash Flow: $1,067 million



EA's Announces Record Setting Performance

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