EA digital revenue up, packaged revenue down

Electronic Arts reported financial results today for the fiscal quarter ending June 30, 2013, showing an increase in digital net revenue and a decrease in packaged goods compared to the same quarter last year.

GAAP digital net revenue was $482 million, compared to $342 million in Q1 2013, while revenue for publishing packaged goods and other net revenue was $452 million, down from $592 million in Q1 2013. Total net revenue was $949 million, compared to $955 million in Q1 2013.

EA singled out several games that performed well during the quarter, including The Simpsons: Tapped Out, which recorded its highest revenue in a quarter since its launch last year. Digital net revenue for FIFA 13 was more than $70 million (non-GAAP) in Q1 2014, which represents a 92 percent increase versus FIFA 12 in Q1 2013. In Q3 2013, digital net revenue for FIFA 13 topped $100 million.

According to the financial results, EA was also the top publisher in the iOS App Store, and the company's mobile and handheld digital revenue was $103 million (non-GAAP), a 30 percent increase year-over-year. In Apple's digital storefront, Real Racing 3 has been downloaded more than 45 million times and averaged more than 2 million daily active users since its launch in March.

"EA delivered first quarter EPS above our guidance through a combination of revenue growth, phasing of expenses, and cost control," said CFO Blake Jorgensen. "We are reaffirming our annual non-GAAP guidance of $4 billion net revenue and $1.20 earnings per share."

More from Polygon

Hearthstone - Plague Quarter gameplay video

  • A guided video tour of an Unreal Tournament map

  • Freedom Planet gameplay video

  • Adventure Time trailer

  • Hearthstone: Naxxramas Overview

Latest Discussions

X
Log In Sign Up

forgot?
Log In Sign Up

Forgot password?

We'll email you a reset link.

If you signed up using a 3rd party account like Facebook or Twitter, please login with it instead.

Forgot password?

Try another email?

Almost done,

By becoming a registered user, you are also agreeing to our Terms and confirming that you have read our Privacy Policy.
Spinner.vc97ec6e

Authenticating

Great!

Choose an available username to complete sign up.

In order to provide our users with a better overall experience, we ask for more information from Facebook when using it to login so that we can learn more about our audience and provide you with the best possible experience. We do not store specific user data and the sharing of it is not required to login with Facebook.

tracking_pixel_5353_tracker