REDWOOD CITY, Calif.--(BUSINESS WIRE)--Electronic Arts Inc. (NASDAQ:EA) today announced preliminary financial results for its second fiscal quarter ended September 30, 2016.
Q2 was an excellent quarter for Electronic Arts, led by breakthrough new EA SPORTS titles engaging players across console and mobile, said Chief Executive Officer Andrew Wilson. We are in an outstanding position for the quarter ahead, with two of the highest-rated games of this console generation in Battlefield 1 and Titanfall 2, global competitive gaming tournaments underway, and our first virtual reality experiences coming soon. Across all platforms, this holiday season will be a fantastic time to play.
Net sales in the quarter were better than expected driven by outperformance in FIFA, and supported by strong year-on-year growth in mobile, said Chief Financial Officer Blake Jorgensen. We are raising our annual guidance today based on the strength of our holiday slate and FIFA 17s strong performance to date.
News and ongoing updates regarding EA and our games are available on EAs blog at
www.ea.com/news.
Selected Operating Highlights and Metrics:
- Net sales* of $4.507 billion for the trailing twelve-month period are up 8% year-over-year.
- Battlefield 1 total player base for the first week was nearly double that of Battlefield 4, and it continues to grow.
- In the first week of FIFA 17, 20% more players were engaged in the game compared to the first week of FIFA 16 last year and nearly 2/3 of all FIFA 17 players have engaged in The Journey story mode.
- Net sales from FIFA, Madden NFL and Hockey Ultimate Team are collectively up 15% for the trailing twelve-months compared to last year.
- FIFA Mobile reached #1 on the App Store Free Games chart in 138 countries.
- Titanfall 2 has been rated 90 or above by more than 40 top outlets.
* Net sales is defined as the net amount of products and services sold digitally or sold-in physically in the period.
