EA Announced Earnings Of $1.26 Billion For Q1 Of Fiscal Year 2025

by Pelican Press
28 views 1 minutes read

EA Announced Earnings Of $1.26 Billion For Q1 Of Fiscal Year 2025

EA has released its financial results for the first quarter of fiscal year (FY) 2025, and the publisher is continuing to pull in money.

EA announced that for the first quarter alone, the company had net bookings of $1.262 billion. That amount surpassed the anticipated amount of $1.25 billion.

“EA delivered a strong start to FY25, beating net bookings guidance as we continue to execute across our business,” said Andrew Wilson, CEO of EA, via press release.

As far as the catalysts for the high earnings, EA says it was “stronger performance across Madden NFL 24, FC Online and FC Mobile.”

Regarding net revenue, EA hit $1.66 billion for the first quarter. Looking forward to the second quarter of FY2025, EA expects net revenue to be between $1.9 billion and $2 billion. For the rest of the year, EA says net revenue should fall between $7.1 and $7.5 billion.

For FY2025, EA still has numerous major releases including Dragon Age: The Veilguard, Madden NFL 25, EA Sports FC 25, and NHL 25.


What do you think of EA’s early success in 2025 so far? For more Insider Gaming, read about the next big game finally coming to Xbox Game Pass.



Source link

#Announced #Earnings #Billion #Fiscal #Year

You may also like