Electronic Arts Reports Q4 2013: Revenue $1.04 Billion, EPS $0.55

Posted on May 8 2013 - 2:05am by Ric Savage

Electronic-Arts

Electronic Arts today announced its preliminary results for its fourth fiscal quarter and fiscal year ended March 31, 2013. The company reported the revenue of $1.04 billion and earnings per share of $0.55 while for the fiscal year 2013, the non-GAAP digital net revenue up 36% to $1.7 billion. Other highlights include, over 14.5 million FIFA 13 units sold in fiscal year 2013, while Battlefield 3 premium has over 3.5 million subscribers as of today and an over 1.6 million SimCity units sold till date.

“As we enter a new fiscal year, EA is well-positioned for dynamic growth on next generation consoles, PCs, and mobile platforms,” said Executive Chairman Larry Probst. “With world-class games, a rapidly growing digital business, and top-notch creative talent, we are excited about EA’s strategy for FY 2014 and beyond.”

“EA has a solid operating plan with disciplined R&D spending and a sharp focus on delivering the best games and services,” said Chief Financial Officer Blake Jorgensen. “We are holding our FY 2014 operating expenses flat to the prior year – a significant achievement in a console transition year.”

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