FIFA and F1 drive EA to Q1 growth

2 months ago

Despite a downturn in the financial fortunes of many publishers, Electronic Arts continues to show growth thanks in large part to its sporting efforts.

The company today reported results for the first quarter of its fiscal year (three months ended June 30), showing sales and profit growth driven by its F1 and FIFA franchises.

Revenue: $1.77 billion (up 14% year-on-year) Bookings: $1.3 billion (down 3%) Net income: $311 million (up 52%)

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Author
Brendan Sinclair