EA Reports Q2 Results: EPS Was $0.15, Net Revenues Were $1.08 Billion

Posted on Oct 31 2012 - 5:05am by Editorial Staff

Electronic Arts has announced preliminary financial results for its second fiscal quarter ended September 30, 2012. For the quarter, non-GAAP net revenue of $1.08 billion was in line with our guidance of $1.050 billion to $1.100 billion.  Non-GAAP diluted earnings per share of $0.15 while Non-GAAP net revenue in Q2 fiscal 2013 was higher compared to Q2 fiscal 2012 due to our strong performance in digital net revenue in the quarter.

The company reported that FIFA 13 sold through 7.4 million units in its first four weeks, while Battlefield 3 Premium has sold over 2 million subscriptions copy. The Simpsons: Tapped out as top grossing iOS game in October while Need For Speed Most Wanted launches with strong reviews.

“EA is performing well, once again beating street consensus in fiscal Q2,” said Chief Executive Officer John Riccitiello.  “We delivered yet another quarter of sharp digital growth, with digital revenue up 40% compared to the same period last year, reflecting our strength across multiple brands and channels.

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